After the election and through the beginning of 2017, markets have rallied on the likely impact of corporate and personal income tax cuts, infrastructure spending, and deregulation. This market enthusiasm may be overly optimistic, for a few reasons.
After the election and through the beginning of 2017, markets have rallied on the likely impact of corporate and personal income tax cuts, infrastructure spending, and deregulation. This market enthusiasm may be overly optimistic, for a few reasons.