Stock Market Rallies, Heading for Weekly Gain

So, the stock market staging an impressive rally today – up almost 400 points and they're heading for a weekly gain. After plunging 20% at one point last year, the Dow has managed a 3.5% gain so far this year.

Trump's corporate tax cut, which dropped the marginal rate from 35% to 21%, is actually permanent. Unless, of course, the Democrats overturn it through new legislation. Hat tip to Wall Street Journal's James Freeman for flagging this pro-growth supply-side story and another hat tip to my great friend and Trump administration colleague Tyler Goodspeed for picking up new revisions to the economic estimates of the Trump years.

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين

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