Analysts increasingly worry that the Trump administration is spending too much of its political capital in an effort to pass a Republican-proposed healthcare bill, which may leave it wanting for support when it tries to reform the tax code.
Bets on the passing of a tax reform are one of the pillars of the equities rally since the November presidential election.
"This is a market waiting for its next catalyst and I think it wants to hear it from the White House," Krosby said. "That's very important for a market that embraced the pro growth agenda of the Trump administration.
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Bets on the passing of a tax reform are one of the pillars of the equities rally since the November presidential election.
"This is a market waiting for its next catalyst and I think it wants to hear it from the White House," Krosby said. "That's very important for a market that embraced the pro growth agenda of the Trump administration.
For more information Call us ✆ +91 7400-734000 or Visit Dollar Advisory
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