On Wednesday, Trump presented a bill in which he proposed significant tax breaks for both individuals and legal entities. The reform implies a reduction in income and corporate taxes, as well as the abolition of certain tax benefits.
The rise of gasoline prices is falling short as a result of Hurricane Harvey formed an attractive margin for the US refineries. The situation did not fail to take advantage of the largest Oil refinery – Motive Enterprises
The inflation growth is happening due to the devaluation of the dollar over the past few months. This helped the US currency spend a week in the positive area, but the situation with the primary drivers of growth were disappointing.
The S&P 500 index seems to depend only on the positive news while updating records. The Dollar remains in a limbo, as sellers made a halt after a long descent, while the FED situation remains very uncertain.