The bad news is that the self-inflicted wounds of the most undisciplined presidency in history are increasingly likely to blow its chances of passing any of the aforementioned economic stimulus measures. The trifecta of tax reform, repatriation and infrastructure investment could put the U.S. on very strong footing for the next several decades. Such was the legacy of Ronald Reagan, who oversaw a similar “once in a generation” economic boost that resonated for the next 30 years.
Trump is no Reagan.
The very interesting bit here for a noob like me is that "everything" is going up despite the many promises turning out to be empty ones. My initial thought is that "why isn't the VIX skyrocketing?" and then "why not? - would love for someone to give me some insight here...
Submitted June 10, 2017 at 01:05PM by iuqeyewqiu http://ift.tt/2sOtiFi
