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IMPLICATIONS OF U.S.
TAX REFORM

PGIM’s Thought Leaders Weigh in on the Tax Cuts and Jobs Act

President Trump and Congressional Republicans won a clear victory with the passing of the Tax Cuts and Jobs Act. As the largest tax overhaul in 30 years, the legislation will undeniably have some effects on the markets and economic growth in 2018 and beyond. Here we provide a range of insights about the potential implications of the tax bill from our asset class experts.

 

 

PGIM FIXED INCOME

Global Implications

Nathan Sheets, Chief Economist and Head of Global Macroeconomic Research, PGIM Fixed Income discusses the global implications of the tax legislation and the potential impacts to fixed income investors.

 

QMA

Equity Market Implications

Ed Campbell, Managing Director and Portfolio Manager, QMA discusses his preliminary views on the tax bill’s implications on the equity markets. 

 

 

PGIM REAL ESTATE

Real Estate Implications

Lee Menifee, Head of Americas Investment Research, PGIM Real Estate provides his thoughts on how the tax legislation is likely to have less of an impact than originally anticipated for real estate investors.

QMA

Why the Tax Bill Might Lift Earnings and Equities in 2018

In the latest Market Pulse, QMA’s Ed Keon, Managing Director and Portfolio Manager, examines the implications of the Tax Bill and why earnings estimates are likely to rise as a result in 2018.