Trump will burst the bond bubble

After months of bluster, the administration finally appears on the verge of passing a significant piece of legislation that could affect the bond market.

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The bluster is over and tax cuts are on the cards but will it boost stocks?
(Image credit: 2017 Getty Images)

"The chance to slash the US corporate tax rate to 20% from 35% seems much more pleasant to contemplate than nuclear war," says Randall Forsyth in Barron's. So it's no wonder Wall Street decided to ignore North Korea's latest, more powerful missile and concentrate on the package of tax cuts and reforms produced by the US Senate last Saturday. After months of bluster, the administration finally appears on the verge of passing a significant piece of legislation.

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Andrew Van Sickle
Editor, MoneyWeek

Andrew is the editor of MoneyWeek magazine. He grew up in Vienna and studied at the University of St Andrews, where he gained a first-class MA in geography & international relations.

After graduating he began to contribute to the foreign page of The Week and soon afterwards joined MoneyWeek at its inception in October 2000. He helped Merryn Somerset Webb establish it as Britain’s best-selling financial magazine, contributing to every section of the publication and specialising in macroeconomics and stockmarkets, before going part-time.

His freelance projects have included a 2009 relaunch of The Pharma Letter, where he covered corporate news and political developments in the German pharmaceuticals market for two years, and a multiyear stint as deputy editor of the Barclays account at Redwood, a marketing agency.

Andrew has been editing MoneyWeek since 2018, and continues to specialise in investment and news in German-speaking countries owing to his fluent command of the language.