Ever since it became known that Donald Trump would be the next American president, stock market indexes (the S&P 500, Dow Jones and Nasdaq) took an advance on his future tax plans. The Dow Jones rose by more than 12% after Trump´s election, while the S&P 500 rose by 10%. However, this so-called “Trump-trade” (buying stocks in anticipation of a future tax reduction) seems to be turning against itself, since it is not as easy as expected to actually lower taxes.

Stock Market Valuations

The Tax Plans of Donald Trump

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