What’s really behind the Dow’s 20K milestone?
With retail investors positive, seasonal factors favorable, and institutions and fund managers potentially trying to catch up and look good at the end of the year, buying is very likely to continue. [...]with the very real prospect of corporate tax reform, it’s possible that earnings might come in e...
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| Published in | Financial Planning (Online) |
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| Main Author | |
| Format | Trade Publication Article |
| Language | English |
| Published |
New York
SourceMedia
25.01.2017
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| Subjects | |
| Online Access | Get full text |
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| Summary: | With retail investors positive, seasonal factors favorable, and institutions and fund managers potentially trying to catch up and look good at the end of the year, buying is very likely to continue. [...]with the very real prospect of corporate tax reform, it’s possible that earnings might come in even better than the current economic fundamentals would suggest, due to lower tax rates. Given that acceleration, and the improving consumer and business confidence supporting it, we... |
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