Trump to lay out skeleton of the ‘phenomenal tax’ program - Argus Research
Argus Research President John Eade says President Trump is likely to shed light on the details of the tax cuts/fiscal spending programme during his address to congress on Tuesday, but adds the actual plan is unlikely to come through before summer/early fall. Eade also details the Argus business model.
On Snap IPO: John sees a great first day for Snap shares following which it will either go Facebook way or Twitter way. He believes there is a lot of pent up demand for the Unicorns.
On Stocks: Eade says it is always essential to have defensives in the portfolio. He is in favour of dividend growth stocks for now.
On Earnings: The trend is looking upwards.
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