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1.Market Observations, 8.Was Sticky

27 Mar 2017 (AFR) – Trump faces tax test after healthcare failure

(27 March 2017, AFR, p11, by John Kehoe)

‘Donald Trump’s humiliating failure to unify the Republican Party on implementing its top priority for the past seven years – to unwind the “Obamacare” health insurance safety net – has forced the President to switch course to focus now on tax reform. As the Republican healthcare bill collapsed in the Congress on Friday, a self-described “disappointed” President Trump placated anxious investors and avoided a big market sell-off on Wall Street by signalling greater urgency on tax cuts for business and individuals.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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