Mon, 30 January 2017
Consumers and Corporate America have taken substantial notice of the pro-growth President Elects Donald Trump moves to enhance jobs and stimulate corporate spending which has been nonexistent the last 6 years. Corporate America has spent 2.5 trillion on share buy backs and not invested in their model. Consumers are feeling good as the political scene is creating the appearance to stimulate the economy by way of deregulation for all businesses, tax reform and infrastructure spending could be a tripled headed trifecta for the US economy. If any of these initiatives get bogged down in Congress look for profit taking as the market is searching for additional reasons to go higher. The velocity of money in the economy will be increasing in 2017.
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