p.s. I am politically neutral (being based outside of the USA, and more to the point being "based" intellectually -- my approach = set aside emotions and politics and attempt to understand the macro/market outlook as best I can >> pragmatism )
UPDATE: while saying vs doing vs what's possible are very different things when it comes to the Presidential campaign trail, it seems Trump wants to cut the corporate tax rate to 15% (from 21%) while Harris wants to hike the corporate tax rate to 28%. So the next steps in this chart are going to be heavily influenced by what happens on the 5th of November!
p.s. I am politically neutral (being based outside of the USA, and more to the point being "based" intellectually -- my approach = set aside emotions and politics and attempt to understand the macro/market outlook as best I can >> pragmatism )
UPDATE: while saying vs doing vs what's possible are very different things when it comes to the Presidential campaign trail, it seems Trump wants to cut the corporate tax rate to 15% (from 21%) while Harris wants to hike the corporate tax rate to 28%. So the next steps in this chart are going to be heavily influenced by what happens on the 5th of November!
A further corporate tax cut could boost U.S. equities short-term but raises long-term fiscal sustainability concerns.
yep 100%, "holding everything else equal" (which it never is!)