Stocks, Yields, Dollar Surge On News Rubio Is "Yes" On Tax Bill
And just like that, stocks priced in tax reform for the nth consecutive day, because one day after speculation that Marco Rubio would be a hurdle to the passage of tax reform, which pushed stocks modestly lower, moments ago Fox - or is that Disney - reported that Marcio Rubio is a "yes" on the tax bill, sending risk assets soaring in the latest "buy-everything" euphoria.
Source to FBN: Sen. @marcorubio will be a 'yes' on tax bill. pic.twitter.com/qd4OXaUawR
— FOX Business (@FoxBusiness) December 15, 2017