- According to Nobel laureate Robert Shiller, the market is at least in part held at 1929 valuations by the prospects of significant tax cuts.
- If Shiller is right, this is a scary prospect because the sort of tax cuts as proposed by the government are unlikely to create much bang for the buck.
- There are some better alternatives though.
Is The Market Held At 1929 Valuations By The Prospect Of Tax Cuts?
October 2nd, 2017 · No Comments
Tags: The Markets