yep. that's pretty much my scope on it, too.
i anticipate a double whammy for stocks as tax savings
a) increase net earnings, boosting stock prices,
b) companies use those tax savings to continue buybacks,
but now at higher interest, due to rising rates.
SPY 280+ a year from now?
and when the bubble finally pops,
stocks will have that much farther to fall
as interest payments cut into profits
while revenues drops with tightening consumer spending.
what could go wrong?