@ Minh Le & Robert C - Thanks for the summary and much appreciated you guys take time and shared the info.
So, between Bruce Norris, Jim Glassman and Tod Spieker. In short, they don't see we going to have a blip/correction in the near future, right?
However, Minh, as you mentioned, the stock market has been up since Trump took office. In some news outlet, one of the reasons is the Trump administration will spend billion dollars on US infrastructure and plan to slash the corporate tax rate from its 35% to 20-15% as it would boost earnings and thus lift stock prices.
But, as we all know Trump needs to pass the health-care bill and use the health-care budget savings to finance the tax reform. Well, the health-care bill did not pass. Thus, not sure how he going to fund the tax reform! Also, he needs to make friends with the GOP senators to get their votes - to pass any bill.
Let say, what if the tax reform is not passed ... then what happens to the US economy, the stock market, the RE market?
PS: Minh, look forward to meet up with you next week.
Cheers,