Tax Reform Tea Leaves Are Lining Up, Trump Might Get Bigly Yuge Win

With a host of early legislative failures pockmarking the record of President Donald Trump, a win on tax reform could materialize, says one analyst. The US tax reform initiative, for instance, is heading for legislative success, predicts CLSA’s Christopher Wood. But the reason for success may come at the hands of the established order rather than through a populist revolt. [russia] There have been many cautionary notes about the potential for a Trump victory in Congress. Moody’s, for its part, warned that age-old concerns about increasing debt levels might bog down Republican efforts. “The extension of debt ceiling and government funding…