In this short video we explore the impact of the US tax reform on markets, what is discounted and what is not, as well as the risks coming from rising Chinese bond yields.
Daniel Lacalle is Chief Economist at Tressis SV, has a PhD in Economics and is author of “Escape from the Central Bank Trap”, “Life In The Financial Markets” and “The Energy World Is Flat” (Wiley) Continue reading Market Impact of the US Tax Reform and Rising Chinese Yields
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Continue reading Germany and Inflation Expectations. Is European Growth at Risk?
The Spanish recovery from the worst crisis in decades has been impressive and an example for other European countries. In these five years, Spain has been able to recover more than half of the jobs lost during a crisis that was initially denied by the previous administration and afterwards deepened by misguided policies, spending more and increasing structural imbalances. Continue reading Spain: Reform Reversal Could Threaten Recovery
To whom it may concern,
I am a globalist millionaire and I am appalled at the GOP tax reform. It aims to reduce taxes by $1.5 trillion after the Obama administration raised them by $1.5 trillion. I disagree that this tax cut is giving back to job creators and families the efforts of the past years, because we need more funds.
I am worried that this Tax Reform will increase the deficit, although I was happy to see debt increase by $10 trillion.
I am worried that this Tax Reform will increase the deficit, although I defended deficit spending policies all my life.
I am worried that this Tax Reform will reduce corporate taxes because my corporation lives mostly from subsidies.
I am worried that this Tax Reform will help middle-class families and small businesses because they threaten my rent-seeking business.
Why Globalist Millionaires Hate Tax Cuts: