Sell the news? Stocks are slumping (following Japan's overnight volatility) as traders await tax-cut legislation from the House Ways and Means Committee (and The Senate will also release its own version).
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High-Tax companies are underperforming...
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And Junk bonds just hit the lowest since March...
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Whether this selling due to disappointment in what is expected to be in the bill... or an expectation that it will not pass anyway - is unclear.
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