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Tax Reform is Already Priced In To The Markets

Cory
October 17, 2017

Anthony Saccaro, President of Providence Financial and Insurance Services looks at the potential of tax reform and how it would move the markets. He argues that the best case tax reform is already priced in and there are other investments to consider.

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Discussion
16 Comments
    Oct 17, 2017 17:31 AM

    An interesting talk by Judge Andrew P. Napolitano:

    How the Constitution Has Been Twisted to Undermine the Free Market

    https://www.youtube.com/watch?v=xbtrVlMqPRw

      Oct 17, 2017 17:29 PM

      Feel free to short it.

        Oct 17, 2017 17:49 PM

        But you said it was a strong buy. 😐

    Oct 17, 2017 17:07 PM

    FBI Uncovered Russian Bribery Plot Before Obama Approved Uranium One Deal, Netting Clintons Millions

    As the mainstream media continues to obsess over $100,000 worth Facebook ads allegedly purchased by Russian spies in 2016 seeking to throw the presidential election, we’re almost certain they’ll ignore the much larger Russian bombshell dropped today in the form of newly released FBI documents that reveal for the very first time that the Obama administration was well aware of illegal bribery, extortion and money laundering schemes being conducted by the Russians to get a foothold in the atomic energy business in the U.S. before approving a deal that handed them 20% of America’s uranium reserves…and resulted in a windfall of donations to the Clinton Foundation.

    As we pointed out last summer when Peter Schweizer first released his feature documentary Clinton Cash, the Uranium One deal, as approved by the Obama Administration, netted the Clintons and their Clinton Foundation millions of dollars in donations and ‘speaking fees’ from Uranium One shareholders and other Russian entities.

    Russian Purchase of US Uranium Assets in Return for $145mm in Contributions to the Clinton Foundation – Bill and Hillary Clinton assisted a Canadian financier, Frank Giustra, and his company, Uranium One, in the acquisition of uranium mining concessions in Kazakhstan and the United States. Subsequently, the Russian government sought to purchase Uranium One but required approval from the Obama administration given the strategic importance of the uranium assets. In the run-up to the approval of the deal by the State Department, nine shareholders of Uranium One just happened to make $145mm in donations to the Clinton Foundation. Moreover, the New Yorker confirmed that Bill Clinton received $500,000 in speaking fees from a Russian investment bank, with ties to the Kremlin, around the same time. Needless to say, the State Department approved the deal giving Russia ownership of 20% of U.S. uranium assets
    Now, thanks to newly released affidavits from a case that landed one of the Russian co-conspirators, Vadim Mikerin, in jail, we learn that not only was the Obama administration aware the Russians’ illegal acts in the U.S. but it may have also been fully aware that “Russian nuclear officials had routed millions of dollars to the U.S. designed to benefit former President Bill Clinton’s charitable foundation during the time Secretary of State Hillary Clinton served on a government body that provided a favorable decision to Moscow.” Per The Hill:

    Before the Obama administration approved a controversial deal in 2010 giving Moscow control of a large swath of American uranium, the FBI had gathered substantial evidence that Russian nuclear industry officials were engaged in bribery, kickbacks, extortion and money laundering designed to grow Vladimir Putin’s atomic energy business inside the United States, according to government documents and interviews.

    Federal agents used a confidential U.S. witness working inside the Russian nuclear industry to gather extensive financial records, make secret recordings and intercept emails as early as 2009 that showed Moscow had compromised an American uranium trucking firm with bribes and kickbacks in violation of the Foreign Corrupt Practices Act, FBI and court documents show.

    They also obtained an eyewitness account — backed by documents — indicating Russian nuclear officials had routed millions of dollars to the U.S. designed to benefit former President Bill Clinton’s charitable foundation during the time Secretary of State Hillary Clinton served on a government body that provided a favorable decision to Moscow, sources told The Hill.

    Continued….http://www.zerohedge.com/news/2017-10-17/fbi-uncovered-russian-nuclear-bribery-plot-obama-approved-uranium-one-deal-netting-c

      CFS
      Oct 17, 2017 17:32 PM

      The bribes were also TAX EVADED by channeling them through a false non-profit organization, “The Clinton Foundation”.
      This CORRUPT foundation benefited Hillary, Bill and Chelsea. All are crooked tax-evaders, and yet the I.R.S. has done nothing!

      May justice yet be done.

      (I’m not holding my breath, because I suspect Trump has some very close to the line tax deductions, depreciations and amortizations.)

      The swamp continues to stink.

      Oct 17, 2017 17:24 PM

      Hillary Clinton assisted a Canadian financier, Frank Giustra, and his company, Uranium One,

        Oct 17, 2017 17:25 PM

        Posted earlier…….treason…….

          Oct 17, 2017 17:26 PM

          Loonie tunes ……..these crooks should be in jail……

          Oct 17, 2017 17:27 PM

          More billionaires should be in jail……..ask Bernie Maddoff……….

          Oct 17, 2017 17:17 PM

          CIA Urges Trump To Delay Release Of 3,000 Never-Before-Seen Documents On JFK Assassination

          More than 3,000 never-before-seen documents from the FBI, CIA, and Justice Department on the assassination of John F. Kennedy are scheduled be released, with many experts fearing that such a large release of secret JFK assassination documents will spur “a new generation of conspiracy theories.”

          http://www.zerohedge.com/news/2017-10-17/cia-urges-trump-delay-release-3000-never-seen-documents-jfk-assassination

            Oct 18, 2017 18:47 AM

            Wonder why,……because they would be found complicit …….and people once they find out the CIA should not even exist would ask for it to be dismantled.

    Oct 17, 2017 17:22 PM

    May justice yet be done. +1000

    Oct 17, 2017 17:45 PM

    James O’Keefe Busts New York Times Editor Explaining How Paper Sets Anti-Trump Narrative

    James O’Keefe’s Project Veritas has released the latest video in his “American Pravda” series — this time, featuring a New York Times online editor trashing President Donald Trump and Vice President Mike Pence.

    http://www.breitbart.com/big-journalism/2017/10/17/james-okeefe-new-york-times-shoe-narrative/