he Trump administration's commitment to reduce red tape and cut corporate tax rates has been well received by investors. The S&P 500 has hit 61 record highs and climbed 21.3 percent since President Trump was elected. Consumer confidence also seems buoyed by his pro-investment agenda, hitting a 17-year high according to the Conference Board Consumer Confidence Index in data collected through Oct. 18.
With the House passing pro-growth tax reform this year and the Senate soon to follow, America is poised to see this confidence translated into truly strong GDP growth. Instead of companies leaving the U.S., we're going to become a magnet for foreign companies.