Zezas Says Trump Tax Reform Will Take a Long Time

The video discusses the complexities of tax reform, highlighting the lack of detailed information from the President's proposals. It covers the challenges of achieving bipartisanship and the likelihood of Republicans proceeding through budget reconciliation. The President's consistent goals of lowering rates and cutting deductions are reiterated. Investor concerns about the impact on the deficit and the potential for fiscal stimulus are also addressed, noting that expectations have become more realistic over time.

What concerns do investors have about the potential fiscal stimulus from tax reform?

What has changed in investor expectations regarding tax reform over the past few months?