Whoever wins the presidency will need to deal with the expiration next year of the 2017 Trump tax cuts, with trillions of dollars in taxes and revenue at stake. There are other reasons to worry about the behavior of the stock market. It may soon become difficult to ignore how high the valuations of many stocks have become. Using a wide range of traditional metrics, the market is expensive.

 

Now That Rates Are Falling, Let’s Turn to Other Matters

The Federal Reserve has at last cut interest rates but our columnist points out a host of concerns that could weigh on financial markets.

By Jeff Sommer

Jeff Sommer writes Strategies, a weekly column on markets, finance and the economy.