FYI: Investors love a good story which is why rules of thumb and simple cause and effect relationships tend to get a lot of traction whether they’re backed by actual evidence or not. In terms of policy, many seem to believe that a reduction in tax rates will be a huge boom to the stock market. In this piece I wrote fro Bloomberg I take a look at this claim to see how this one stacks up.
Regards,
Ted
http://awealthofcommonsense.com/2017/06/how-markets-respond-to-tax-reform/
