lbrcap

Mish, I'd be interested in your views on the economic impact of this tax bill. I'm not one to fade markets but it's hard for me to see how this is a huge positive.

Comments (2)
No. 1-2
Mike Mish Shedlock
Mike Mish Shedlock

Editor

It is not a huge positive. In fact, I think after 1-2 years it's a big negative. Until the bubble bursts, shorting makes little sense.

lbrcap
lbrcap

I think it was Maynard Keynes who once said markets can remain irrational longer than you can remain solvent...too bad he didn't follow his own advice, or maybe that's how he learned.


Ask Mish

FEATURED
COMMUNITY