Forget tax cuts — there’s another clear reason stocks look unstoppable
|01/27/2018||Posted by BusinessMediaguide.Com under General World News||
- The effect of tax cuts on the stock market is being overstated as the S&P 500 continues to hit record highs, according to Credit Suisse.
- Looking at two performance measures, the firm says it’s clear that the market’s torrid rally is instead being driven by two tried-and-true catalysts: earnings growth and economic strength.
Credit Suisse is here to dispel that idea.
Sure, it’s a convenient reason, and one that makes some sense — but Jonathan Golub, the read more >>>