Reuters: ‘Trump Trade’ returns? Small-cap stocks rally on hopes of tax deal

News Article | September 14, 2017 | By Sierra Investment Management

Reuters (September 14, 2017): With time running out before Congress turns its attention to the 2018 mid-term elections, small-cap stocks are increasingly acting as a bellwether for the market’s expectations that the Trump Administration will reach a deal to significantly cut U.S. corporate tax rates by the end of the year.

Sierra Chief Investment Officer Terri Spath remains skeptical that a deal will pass. 

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Sierra Investment Management