Wall Street Explains What Today's Failure To Repeal Obamacare Means For Markets
Following today's Republican fiasco, where the GOP was unable to gather enough votes to even repeal Obamacare in the House (let alone the Senate) forcing the Republican party to withdraw their healthcare bill, stocks suddenly spiked - if only briefly - on expectations today's bad news is actually good news for Trump's tax reform. As we explained moments ago, that will unlikely be the case far various reasons. But what do others think?
Below, courtesy of Reuters, is a breakdown of select sellside analyst reactions to today's events: