Stocks Need Tax Reform Now More Than Ever

Evidence suggests that corporate earnings are closer to a cyclical peak than a trough.

 

Do you think U.S. corporate tax reform is coming before mid-term elections?  No?  You aren’t alone.   In my latest Bloomberg Prophets post, I explain why this topic is so important to investors.  Corporate profit margins are toppy, wage and commodity inflation is grinding higher, and valuations are steep.  U.S. stocks could certainly use a new catalyst, and tax reform fits the bill.  Click below to see the full note.

https://www.bloomberg.com/view/articles/2017-09-11/stocks-need-tax-reform-now-more-than-ever

Interesting Image
 
Start Your 2-Week (no credit card) FREE Trial! 
 
 
*BY CLICKING SUBMIT, YOU AGREE THAT YOU HAVE READ AND UNDERSTAND OUR TERMS OF SERVICE, SUBSCRIPTION AGREEMENT, AND PRIVACY POLICY, AND HEREBY AGREE TO BE BOUND BY THEM.