Stocks

Trump Wall Street’s Guy, After All; Planned Tax Cuts for Rich Lift Stocks

Donald Trump’s election frightened investors, sending markets into a temporary tailspin. But stocks have rebounded sharply, a clear sign that he was Wall Street’s guy all along, thanks to his proposed tax cuts for the rich. His largess, however, will cost the people who elected him. He claimed they were backing Democrat Hillary Clinton as part of Washington’s “corrupt culture” of money and influence. But Trump was really their guy all along....
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