JPMORGAN: The 'Trumpcare' failure may actually be a good thing for tax reform

by Bob Bryan | Apr 13, 2017   ()

After the failure of House GOP leaders and the White House to pass their proposed healthcare overhaul bill on March 24, stocks sold off on what many analysts assumed was fear that President Donald Trump's promised tax cut was not coming either.

But JPMorgan strategist Dubravko Lakos-Bujas thinks the healthcare failure may turn out to be good news for companies awaiting a lower tax bill.

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Source: Business Insider

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