Ivanka and Trump The Washington Post

Konec Trumpových líbánek s trhy

NEW YORK – Když byl Donald Trump zvolen prezidentem Spojených států, akciové trhy se působivě vzchopily. Investoři byli zprvu v euforii z Trumpových slibů fiskální stimulace, deregulace energetiky, zdravotní péče a finančních služeb a hlubokých řezů do daní právnických a fyzických osob, z nemovitostí a kapitálových výnosů. Bude ale realita trumponomiky oporou vytrvalého vzestupu cen akcií?

Není divu, že korporace a investoři září štěstím. Tento tradiční republikánský příklon k ekonomice nabídky, která věří, že zisky ponechané na vrcholu distribuce příjmů stékají níž, zvýhodňuje převážně korporace a movité jednotlivce a nedělá téměř nic pro tvorbu pracovních míst či zvyšování příjmů dělnických pracujících. Podle nestranického Centra pro daňovou politiku by téměř polovina přínosů plynoucích z Trumpem navržených daňových škrtů mířila k 1 % osob s nejvyššími příjmy.

Životní elán podnikového sektoru by však brzy mohl vystřídat pudový strach: už teď vzestupu trhů dochází dech a Trumpovy líbánky s investory se možná blíží ke konci. Má to několik příčin.

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