Bassanese Bites: The gift that keeps on giving – Week beginning: 04 December 2017

Not even another North Korean missile could hurt markets last week, with Wall Street instead buoyed by the prospect of the US tax the tax cut. The Senate’s final vote came after the market’s close – so will likely be (yet another)  positive tax story for markets on Monday.

Indeed, the slow moving tax cut saga is the “gift that keeps on giving” since there are many small hurdles that need to be overcome before the tax cut becomes a reality – with clearance of each hurdle seemingly a cause for celebration in its own right.

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