Wall Street is waking up to the most hostile parts of Trump’s agenda — and the worst is yet to come

donald trump Jeff Swensen/Getty

  • The markets have been roiled following President Donald Trump’s proposed tariffs on China and the country’s response.
  • That’s in contrast with last year, when promises of tax cuts and deregulation helped support the market.
  • According to Larry Hatheway, the chief economist and head of investment solutions at GAM, there has been a change in the views on whether Washington will be supportive of markets.

The Trump bump for the stock market is turning into something else.

For a variety of reasons, 2017 was the second-best year for stocks since the recession. High on the list were President Donald Trump’s promises to cut corporate taxes, motivate companies to return billions of dollars in untaxed profits to the US, and scale back regulations.

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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