Goldman’s Currie Says Tax Cuts Easier Than Tax Reform

The video discusses the challenges of implementing tax reforms compared to tax cuts, highlighting the complexity of closing loopholes. It examines the potential impact of a border adjustment tax on energy and the dollar's strength, suggesting a low probability of its implementation. The discussion shifts to the outlook on gold, noting low market expectations and the potential for gold prices to drop if confidence in the administration increases. The video concludes with an analysis of the Mexican peso as a measure of the Trump trade.

What is considered more challenging to implement according to the transcript?

• Reducing the national debt

• Tax reforms

• Tax cuts

• Increasing energy prices

What is a potential consequence of the border adjustment tax?

• A weaker dollar

• A stronger dollar

• Lower energy prices

• Higher commodity taxes

What is the administration's stance on the dollar's strength?

• They have no stance on the dollar's strength

• They want a stronger dollar

• They want a weaker dollar

• They want to maintain the current strength

What is the market's expectation for gold if confidence in the administration increases?

• Gold prices will be unaffected

• Gold prices will fall

• Gold prices will rise

• Gold prices will remain stable

What was a factor that contributed to the gold price reaching 1263?

• The Mexican peso

• The French election

• The border adjustment tax

• The health care bill