PIMCO’s Chief Investor Skeptical Tax Reform Agenda will be met

Pacific Investment Management Company, LLC ‘s global chief investment officer, Dan Ivascyn, doubts President Trump’s tax and regulatory reform will ultimately achieve his ambitious goals. Ivascyn predicts tax reform will feature cuts rather than broad-based policy changes, due in part to the White House’s and Congress’ focus on revenue. Additionally, his forecasted economic growth rate of 2.5% is more conservative than the Trump Administration’s 3% objective.

Ivascyn Sees No Sweeping Tax Reform, Infrastructure Spending

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