Higher Volatility will rear its ugly head in 2018.
Equities will rise slowly in 2018 but dampened by a steepening yield curve.
Blue states are picking up the bill for the Red states who will pocket their extra tax savings.
Tax Bill will most likely be reversed during the next administration.
The greatest remaking of the US economy in history looks like it is about to be signed into law. I have been running the numbers, and the impact on your portfolio is pretty clear-cut. I’ll summarize the high points and then go into detail on each measure.
1) It will create a higher high in all asset prices, including stocks and real estate, followed by a lower low later, probably sometime in 2020.