The lead economist from this institution is speaking today in front of investment analysts from his company (I will not name the company due to confidentiality concerns - I got this information from my financial advisor).
This economist believes the equity market has 51.5% upside over the next 2 years non inclusive of corporate tax reform. He believes that corporate tax reform could push that upside to 80%. The time frame is from 2-5 years.
I have seen optimism like this before that never materialized, so be cautious. The market is at an all time high and I never like buying at times like this. But I must admit that I am having second thoughts about my entry point.
This economist believes the equity market has 51.5% upside over the next 2 years non inclusive of corporate tax reform. He believes that corporate tax reform could push that upside to 80%. The time frame is from 2-5 years.
I have seen optimism like this before that never materialized, so be cautious. The market is at an all time high and I never like buying at times like this. But I must admit that I am having second thoughts about my entry point.
