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'Big, beautiful' tax cut gets small cheer on markets

Thursday, December 21, 2017 - 01:44

European and Asian markets have offered a muted reception to the passage of U.S. tax cuts as benefits to company bottom lines were already baked into stock prices, while bonds were spooked by the blowout in government debt needed to fund the giveaways. David Pollard reports

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European and Asian markets have offered a muted reception to the passage of U.S. tax cuts as benefits to company bottom lines were already baked into stock prices, while bonds were spooked by the blowout in government debt needed to fund the giveaways. David Pollard reports

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'Big, beautiful' tax cut gets small cheer on markets

Thursday, December 21, 2017 - 01:44