SHOCK: PEAK S&P500 P/E MULTIPLE?
via the MacroTourist Let’s talk earnings for a bit. Specifically, how the 2017 tax cut affected S&P 500 earnings. We all know the story. America’s corporate tax rate was uncompetitive and created distortions in the economy that prevented companies from investing in the U.S. The Tax Cuts and Jobs Act of 2017 was designed to level … Read more