CNBC Street Signs December 19, 2017
Tax reform in particular im not so sure about that. A lot of the analysis being done by various independent institutes have found that the impact on u. S. Gdp growth next year will be fairly minimal. Talking about maybe 0. 2 , 0. 3 whether the reduction in the Corporate Tax rate increases, helps to increase investment is a moot point certainly Many American corporates are cash rich we know over the last couple of years theyve been using that cash to buy back their shares, which helped to elevate u. S. Equities its helpful make no bones about it but whether it can help sustain sort of growth ra...