Report Detail Summary

The Secular Tax Decline Lives to Fight Another Day

November 07, 2020

The defeat of major tax increases at the states and local level combined with the likelihood that the republicans retain control of the senate and Mitch McConnell remains Senate Majority Leader suggest to us that tax rates are not going to increase significantly . If that is the case , we expect real GDP growth rate and S&P real rate of return slightly below trend line.

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The ValueTiming™ strategy is based on the assumption that politicians and policymakers have particular views of the world, and that they will in general adopt policy measures that are consistent with these views.

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