Apparently, we're not going to see a Santa Claus rally in the markets. In fact, the Grinch has over stayed his visit. The new tax rate is favorable for corporations but I think that won't be felt in their earnings until April/May time frame, Qtr 1, and I'm wondering will the trade war affect their earnings? Plus, with the new tax season, and tax laws, I believe many individuals have not changed their deductions because they're banking on itemizing their deductions, and they will be surprised when they owe money when they realize they cannot itemize.Does anybody this will cause the Consumer Confidence to drop thus seriously affecting the economy?
Paul
Paul
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Posted by: Paul Kusen <paulkayporsha@yahoo.com>
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