Join institutional investors, analysts and strategists from the world's largest banks: Subscribe today
Already have an account? log in
Another Reason To Be Happy: “No Policy Is Better Than Bad Policy”
Earlier today, I brought you the latest from BofAML on the outlook for the reflation narrative now that Donald Trump and Paul Ryan have given up on "repeal and replace."
By most accounts, the failure of the GOP bill marked a setback for tax reform and really, for the Trump agenda as a whole.
But BofA contends that contrary to popular belief, it's better that we just get on with things -"repeal and replace" or no "repeal and replace." To wit:
In our view, the failure to push through healthcare
