Anticipated Market Impact of GOP Tax Cuts (unemployment, Obama, party)

[Toyman at Jewel Lake]

JPMorgan's Marko Kolanovic says tax reform will boost stocks in 2018 - Business Insider

So says the JPMorgan quant guru Marko Kolanovic, who predicts that a successful Republican tax overhaul will give equities a huge shot in the arm in 2018. In his mind, the institutional investors that control a huge chunk of the market are still in wait-and-see mode when it comes to tax reform, patiently biding time before putting more capital to work.

"The upcoming reduction of US corporate tax rates may be one of the biggest positive catalysts for US equities this cycle," Kolanovic, who serves as JPMorgan's global head of quantitative and derivatives strategy, wrote in a client note. "We think that little is priced into the market and hence there is potential for market upside. Clients are not repositioning portfolios until they see the reform passed."

Interesting article and very encouraging. A great many American workers have the vast majority of their savings in retirement accounts that are heavily invested in stocks. The growth of those funds, both in terms of increasing stock value and reinvestment of dividends, may actually allow a great many Americans to retire and not be dependant on the Government-mandated Ponzi scheme they have been forced to fund all their working lives.

Less dependency on government...no wonder liberals are so afraid of this tax cut.

[greywar]

less then half of americans own any stocks whatsoever. And Trump has been saying that stocks are a giant bubble. Was he lying?

[Feltdesigner]

now stocks matter?

always though it was a lie when Obama was in office.

[thedirtypirate]

The “keep the poor, poor. The sick, sicker. And the rich, richer Act Of 2017” surely will result in... something

[HockeyMac18]

Originally Posted by Feltdesigner

now stocks matter?

always though it was a lie when Obama was in office.

Kind of like how "real unemployment" no longer is a thing.

[GotHereQuickAsICould]

Originally Posted by greywar

less then half of americans own any stocks whatsoever. And Trump has been saying that stocks are a giant bubble. Was he lying?

Our retirement fund dropped about a third during Bush's big plan to boost the economy.

[Thoreau424]

Let's all praise our most Holy Wall Street. Line up your mammon selves at its hallowed gates, and pucker up. You've already sold your souls, so enjoy the party @ssholes.

[Rufus Clay Banger]

My retirement related stocks have grown 19 percent this year. I'm loving this Trump presidency!

[Old Gringo]

Originally Posted by thedirtypirate

The “keep the poor, poor. The sick, sicker. And the rich, richer Act Of 2017” surely will result in... something

The “Keep the poor, poor. The sick, sicker. And the rich, richer Act Of 2017”

I like it.

[Rufus Clay Banger]

Originally Posted by Thoreau424

Let's all praise our most Holy Wall Street. Line up your mammon selves at its gates, and pucker up. You've already sold your soul, so it must be time to party.

If you're not taking advantage of this booming stock market, then that's your fault. Maybe skip a day from Walden Pond and find a financial consultant.