Trumponomics and Tech Stocks

2nd Quarter 2017

With regard to both Trumponomics and the benefits of rising interest rates, we may have to wait longer for results than the initial post-election exuberance indicated. In a series of recent conference calls by banking executives, warnings were given that the effects of lower tax rates and financial deregulation will not appear any time soon. U.S. policy makers are finding that the details of change are often stickier than the intent.

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