Re:Snap values itself at nearly $24B with its IPO pricing
by dragonwriter on Wednesday March 01, 2017 @08:04PM
(#13770432)
Republicans are basically ideologically opposed to fiscal stimulus and all their signals are on massive cuts to non-defense, non-law-enforcement spending (with the main debates among Republicans being over how massive those cuts should be and where they are targeted), so good luck with that.
The closest thing to fiscal stimulus we're likely to see is top-weighted tax cuts, which are ineffective stimulus at best, and what benefit can be derived from them has pretty well been looked over the last several decades.
OTOH, top-weighted and particularly corporate tax cuts are likely to improve stock market returns in the short term, so, maybe not so bad a position to be in if you can time your exit right.
I'm positioning myself for massive fiscal stimulus (that was denied the Democratic president) and higher stock prices. I guess we'll see.