Editor: Philip Ragner | Tactical Investor[color-box color=”red”]
We are always asked the following question? Why do you cover so many topics if you are a financial site? The simple answer is that everything is interconnected. If you focus on finances only then you are looking at the tree and missing the forest and vice versa. Mass Psychology also known as Crowd Psychology dictates that one should focus on the whole picture as opposed to fixating on one part. Before we get to the story at hand, the following story might tickle your fancy
Trump’s agenda is in some aspects strikingly similar to that of Ronald Regan’s who was known for his pro-growth policies. When Regan took office, unemployment was in the 7.5% ranges by the time he left office it had dropped down to 5.4%. GDP growth surged and averaged 3.8% per year. Inflation was brought down to 3.7% and averaged 4.4% during his eight-year reign.
Regan’s massive tax cuts contributed to exponential growth. He cut taxes from 70% to 28% for the top income tax rate, and reduced corporate taxes from 48% to 34%. Could Trump’s economic Policies Propel Hated Stock Market Bull Higher[/color-box]