LogFAQs > #896490576

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Topic51% of registered voters say their wages have not increased post-tax cut
Darkman124
02/21/18 9:57:49 AM
#12:


Squall28 posted...
Darkman124 posted...
imo the next bear market will start when it's a "sure thing" that dems will win and kill the tax bill.


Isn't the recent correction due to salaries being too high? Wouldn't killing the bill reverse that?


no

it's due to overvaluation of equities relative to their earnings, and inflation making bond yields high enough to actually compete as a place for money to go
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