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Wednesday, 10/04/2017 9:59:32 AM

Wednesday, October 04, 2017 9:59:32 AM

Post# of 19252
This article speaks to a Moody's downgrade of the U.S. credit when/if Trump's tax plan goes through. The reason being is that tax revenues are reduced when government spending is increased. The article also speaks to the negative effect higher interests rates would have to the supposed growth that the tax cuts/reform have on the economy. I'm skeptical we'll see another rate hike before Trump gets his people into the Fed, then any rate hike is on hold indefinitely.

http://www.zerohedge.com/news/2017-10-02/moody
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