by Lance Roberts, Clarity Financial
On Friday, I penned:
“The question that must be answered is just how much of the benefit from these fiscal proposals have already been priced in perfection? What happens if tax reform is less than anticipated? Or infrastructure spending is cut from $1 Trillion to $500 billion? Or repatriation only brings back a fraction of the dollars anticipated?
Let’s zoom out for a second and look at the pre- and post-election through the end of last year for clarity.”