investors traders: Stocks have performed well since Trump's unexpected electoral victory last month, with major indexes getting about half of their year-to-date gains in the postelection rally, according to Market Watch. Investors expect that Trump's economic platform which is expected to include massive corporate tax cuts, infrastructure spending, and environmental and financial deregulation, although few details have been released will prove bullish to the equity market. Like a lot of investors and traders, Schwab analysts see an acceleration in economic growth next year, thanks to the policies that President-election is expected to support. U.S. stocks could reach new highs in 2017 amid expectations that Trump's platform will make additional tax reductions and increased corporate spending possible, potentially leading to stronger corporate earnings growth, Omar Aguilar, the company's chief investment officer of equities and multiasset strategies, wrote in a note to clients. Read Wall Street's Trump optimism comes with heavy dose of uncertainty See also Is the stock market ignoring one of the most important risks of 2017 An average of analysts at major firms expect the S&P 500 SPX, -0.84% will end 2017 at 2,359, a level that represents growth of 4% from current levels. This combination may outweigh concerns about political uncertainty and Trump's protectionist stance.
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