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How The 2017 Stock Rally Has Been Counting On Tax Cuts

NPR

Published December 1, 2017 at 12:52 PM CST

The stock market took a sharp turn Friday following news that Michael Flynn had pled guilty to lying to the FBI. But overall, markets have been riding high this year.

Here & Now‘s Robin Young speaks with Roben Farzad (@robenfarzad), who hosts “Full Disclosure” on NPR One, about how much of the rally can be explained by expected tax cuts — and what could happen next.