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.
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.
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.