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

ReutersNewsPublished: December 21, 2017
Published: December 21, 2017

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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