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Kashkari, Neel on 2018 February 5 at 13:00

Certainly valuation does seem on the high end, in terms of the stock market. We’ll see. Maybe this tax cut will lead to stronger earnings growth.

“It seems like people are pricing in that the tax cut is going to have more of a near-term stimulative effect than maybe we appreciated a few months ago,” Kashkari said. “Certainly valuation does seem on the high end, in terms of the stock market. We’ll see. Maybe this tax cut will lead to stronger earnings growth.” Kashkari, Neel

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