A 12 month "Delay"means a Permanent "Delay". Senate GOP must be really afraid of news media criticism.
Tax reform jitters hit equities but yields rebounding steadies the dollar
Market fears over what could turn out to be disappointment over US tax reform have hit sentiment on equity markets. There has been little data to drive markets throughout this week, so added focus has been given to the progress of US tax reform through the Congressional committees. It is becoming apparent that the GOP in the Senate and the House of Representatives have a different vision of tax reform and with the Senate version suggesting a 12 month delay to the corporate tax cut, markets are getting jittery. Wall Street sold sharply yesterday and although there was a rebound into the close, the concerns are apparent across markets. The US ... (full story)
- Posted: Nov 10, 2017 3:48am
- Submitted by:Category: Technical AnalysisComments: 2 / Views: 790