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Is The Market Held At 1929 Valuations By The Prospect Of Tax Cuts?

October 2nd, 2017 · No Comments

  • 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.

Source: Is The Market Held At 1929 Valuations By The Prospect Of Tax Cuts? | Seeking Alpha

Tags: The Markets