Will U.S. Tax Cuts Push Equities Higher?

|
Includes: BXUB, BXUC, CHGX, CRF, DDM, DIA, DMRL, DOG, DUSA, DXD, EEH, EPS, EQL, ESGL, FEX, FWDD, GSEW, HUSV, IVV, IWL, IWM, JHML, JKD, OTPIX, PMOM, PPLC, PPSC, PSQ, QID, QLD, QQEW, QQQ, QQQE, QQXT, RSP, RVRS, RWM, RYARX, RYRSX, SCAP, SCHX, SDOW, SDS, SFLA, SH, SMLL, SPDN, SPLX, SPSM, SPUU, SPXE, SPXL, SPXN, SPXS, SPXT, SPXU, SPXV, SPY, SQQQ, SRTY, SSO, SYE, TNA, TQQQ, TWM, TZA, UDOW, UDPIX, UPRO, URTY, USA, USMC, USSD, USWD, UWM, VFINX, VOO, VTWO, VV, ZF
by: TD Wealth
Summary

Have tax cuts been priced into the markets?

Are stock valuations looking frothy?

Will financials and technology lead markets in 2018?

The U.S. Senate has passed a sweeping trillion-dollar GOP tax cut plan that could win final approval in coming days. Has the stock market priced in the tax cuts? Or could they propel the market to fresh highs? Kim Parlee speaks with David Pearl, co-chief investment officer at Epoch Investment Partners.