DBS: Failed US health bill launch challenges post-election rally

27 March 2017 | 2 minutes read

Trump’s recent failure to garner Congress support for his administration’s healthcare plan has not only blemished his young presidency but has raised doubts over his ability to push through other policy initiatives, as well as the sustainability of the ongoing asset reflation trade. The S&P 500 posted its worst one-week performance (-1.44%) since the US presidential election as “the withdrawal of…

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