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Trump’s Christmas Tax Break Boosts Luxury

Trump’s controversial and historic tax bill was approved by the Senate in December, prompting a rally in the SLI.
Savigny Luxury Index December 2017 | Source: Savigny Partners
By
  • Pierre Mallevays

With this year’s Christmas trading looking promising relative to 2016 and the passing of Trump’s controversial tax bill in the USA, a momentary sense of euphoria has gripped luxury investors causing the Savigny Luxury Index (“SLI”) to rise 3 percent this month versus a gain of almost one percent for the MSCI.

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