No wonder global Progressives are foaming at the mouth and losing their minds! The earned wealth of tax-payers that they have been insidiously redistributing (plundering) to themselves and other people and nations at home and abroad who have not earned it, looks to be returning in some part to American wage-earners, the people that Progressive Leftists love to hate, punish, and trample upon.
I might get excited about the economy/market when tax cuts and deregulation are in place. Until then, pfft.
Dow, S&P and Nasdaq hit fresh record highs as Trump trade resurges
Fred Imbert
CNBC February 10, 2017
U.S. equities opened higher on Friday, tracking for weekly gains, a day after President Donald Trump promised to release a tax plan in the near future.
“When he said the words ‘phenomenal tax plan, ‘ that gave hope to the market that we were going to get a tax plan sooner,” said Quincy Krosby, market strategist at Prudential Financial.
“He basically spurred the market, saying he hasn’t forgotten about tax reform. That issue was at the core of the market’s embrace of Trump’s agenda, along with deregulation.”
Trump said Thursday in a meeting with airline executives that “lowering the overall tax burden on American business is big league ... that’s coming along very well,”