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April 17, 2017

Will tax changes lift stocks? Don’t bet on it

  • The chair of Sprott Asset Management says investors may be hoping for too much when it comes to changes to the tax code.
    AP Markets Writer

    NEW YORK — Investors have pinned high hopes on President Donald Trump’s tax reform proposals, and that’s one of the reasons stocks have soared since Trump’s election in November.

    But there’s reason for caution: it’s not clear if Washington will deliver as much as investors want, and if there are big changes to the tax code, there may be losers as well as winners.

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