Tax cuts still a tough sell

President Trump’s team has proposed tax relief for ordinary Americans and businesses that would boost growth and create jobs. Unfortunately, the recent stock market surge indicates expectations may exceed the gains tax savings could actually provide. The basic problem is tax cuts can’t go far enough, owing to legitimate worries about budget deficits. Entitlements are on… Please follow and like us:

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What Are the Asset Allocation Implications of a Persistently Weak Dollar? [CHARTS]

We’ve been arguing since the end of 2016 that we could be in for a sustained period of USD weakness and the markets have so far in 2017 delivered just that. Indeed, even with the USD having its worst start to the year since 1985, 1) baked-in higher budget deficits, 2) the heightened prospect of a… Please follow and like us:

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New threat to U.S. economy identified

A new threat to the troubled U.S. economy has been identified, and it’s called “fiscal space,” says a new report in Joseph Farah’s G2 Bulletin. It’s the “amount of room available for additional government borrowing,” and while it isn’t likely to create a catastrophe in the immediate future, it could start impacting mid- and long-term planning,… Please follow and like us:

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