CDZ Three days Until the Tax Bill goes into Effect

[william the wie]

How deep is the confusion about knock on effects? Bloomberg seems to be having a Civil Civil war with itself as the currency desk and central banking desk are using the usual indicators to get a high probability for both weak and strong dollar. the tax planning and bond desk have also chimed in.

The fed reversing QE may be offset by stock buy-backs.

China and the EU consider the US to be a first world tax haven.

What other oddities in prediction have you seen?

 

[Moonglow]

The rules on the ACA and the penalty are still in effect in 2018..

 

[Admiral Rockwell Tory]

The rules on the ACA and the penalty are still in effect in 2018..

Just don't pay the penalty. No one cares!

 

[william the wie]

This is one of the most confusing economic problems ever. While Obama gave us the lowest economic growth for a two term president the proposed solution is the economic equivalent of a battleship doing anti-sniper duty. It did work in New Guinea as army and marine artillery leap frogged to the high ground but the evidence as with Tinian (?) is that the main consequence is that it produced far more disoriented psych casualties than even wounded, much less enemy dead. So the economy is going to take off but we are not sure about speed or direction.