Tax reform basket …. The S&P 500 fell 1% last week, a Goldman Sachs report noted, pointing to a greater concern for Trump administration policies that, with stocks up near 14 points in early afternoon trading, appears to have shrugged off concerns – at least for now. Tax reform basket – Markets are turning the page on health care, focused on the optimistic news du jour With the market down last week – highlighted by financials being weak and interest rate sensitive utilities up 1.5%, the same amount as the S&P 500 was down – the high-flying financials experienced their own…
Goldman: Tax Reform Basket Selling Off Shows Getting Anything Through Congress Not Given
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.