Giles Keating | Source | Managing Director at Werthstein Institute
Giles Keating
Managing Director at Werthstein Institute
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Employment
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Werthstein Institute (https://www.werthstein.com)
Managing Director
started Jul 2016
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US tax code: Windfall fiscal incentive to aid US companies’ competitiveness
While re-rating of US equities in last one year partially reflects the execution of corporate reforms, significant improvement in US domestic companies' competitiveness, on account of fiscal incentive, is arguably underway.
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In the U.S., the Fed has to change (monetary policy) now that inflation is taking off.
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Shale is not going to be such a bottomless production pit this year.
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In the U.S., three or four rate hikes is just not enough at a time when the ECB has said more or less definitely they are going to be terminating QE (quantitative easing) in September and even beginning to talk about rate rises.
