22-01-2018 15:09 via feedproxy.google.com

Forget tax cuts — there's another clear reason stocks look unstoppable

The effect of tax cuts on the stock market is being overstated as the S&P 500 continues to hit record highs, according to Credit Suisse.
Looking at two performance measures, the firm says it's clear that the market's torrid rally is instead being driven by two tried-and-true catalysts: earnings growth and economic strength.It's easy to look at the timing of the stock market's blistering move to record highs and assume that Republicans' tax law is to thank.
Credit Suisse is here to dispel tha
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