Tax Cut 2017 GDP Impact
The upshot of the Republican Tax Cut bill will be a minor increase to GDP yet a major increase to stock prices.
Robert Hamill
Earning a living, investing for retirement, and understanding how world events impact our living standard.
The upshot of the Republican Tax Cut bill will be a minor increase to GDP yet a major increase to stock prices.
Most of our Abilities, fair and stable Marketplace, respond to economic Crises
Fed fund rate. 1. above the neutral rate slows the economy. 2. below the neutral rate speeds the economy.
Items in the news can lead to insights beyond their apparent straight-forward content.
More than half of our wealth depends on the social fabric, trained workers, clear property rights, and stable government.
A year after the last Fed's increases, its effects finally land and provide a final suppression to economic activity.
The rule of thumb vastly overestimated the valuation decline.
Trickle Down gave Wall Street $100B lesser tax burden in the first year. It kept $91B. Wall Street trickled down $9B to Main Street.
Updated Dec 19, 2022. Bitcoin trades at $16,700., down from $60,000 in early 2021.