Yields, Dollar Jump On “Massive,” “Bigly,” “Phenomenal,” Tax Cut Promise
"Bigly," "tremendous," "terrific people," "phenomenal tax cuts," "very powerful armada," "big league," and other bullshit platitudes.
That's what this administration lives on, and by extension, so does this market. Which is why this...
TRUMP TELLS AP HE WILL UNVEIL TAX PLAN NEXT WEEK
WHITE HOUSE TO RELEASE TAX PLAN NEXT WEEK, TRUMP TELLS AP
...and more specifically this...
TRUMP TO REVEAL 'MASSIVE' TAX CUTS
...leads to this...
Via Bloomberg
Treasury futures drop from near session
The way Trump flip flops I’m surprised the market still believes a fuckin’ word he says. Surely his market moving ability has to be waning.
The markets expect the Corps and the “Investor Class” will get the biggliest cuts from Trump.
How long can what he says continue to affect markets if he doesn’t do anything?