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Dec 5, 2017

12/05/2017: Some sectors are happier than others when it comes to tax reform

(Markets Edition) Markets have responded mostly positively to the progress the GOP has made in overhauling America’s tax system, but the tech-heavy NASDAQ didn’t have the greatest Monday. Gabriela Santos, global market strategist with JP Morgan Asset Management, stopped by to explain why some sectors are going to benefit more from corporate tax reform than others. Afterwards, we’ll look at China’s fight to be considered a market economy.

(L-R) Amazon's chief Jeff Bezos, Larry Page of Alphabet, Facebook COO Sheryl Sandberg, Vice President-elect Mike Pence and President-elect Donald Trump at Trump Tower December 14, 2016.
(L-R) Amazon's chief Jeff Bezos, Larry Page of Alphabet, Facebook COO Sheryl Sandberg, Vice President-elect Mike Pence and President-elect Donald Trump at Trump Tower December 14, 2016.
TIMOTHY A. CLARY/AFP/Getty Images

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(Markets Edition) Markets have responded mostly positively to the progress the GOP has made in overhauling America’s tax system, but the tech-heavy NASDAQ didn’t have the greatest Monday. Gabriela Santos, global market strategist with JP Morgan Asset Management, stopped by to explain why some sectors are going to benefit more from corporate tax reform than others. Afterwards, we’ll look at China’s fight to be considered a market economy.