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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 393.24+1.1%Dec 11 4:00 PM EST
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Elroy Jetson
To: bart13 who wrote (128566)1/19/2017 7:08:49 AM
From: stsimon1 Recommendation  Read Replies (1) of 218434
 
I believe the new administration will find stimulating the economy more difficult than they think. The continuing increase in income inequality will result in most of the increase in GDP going to the very rich, who will save and invest rather than spend. The velocity of money will remain low and may even go lower. Any tax cuts for the rich will magnify this trend. Could be bullish for bonds.

bloomberg.com
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