If the ill-conceived GOP tax plan is shot down in flames, it will affect the stock market that has soared to record heights since Trump first promised over-the-top oligarch tax cuts.
Major Index Performance Since the Presidential Election:
S&P 500 (SPY): Up by 23%
DJIA (DIA): Up by 28%
Nasdaq 100 (QQQ): Up by 30%
Russell 2000 (IWM): Up by 32%
Financials (XLF) Up by 36%
If that happens the bigger question will be... why would Trump set such a thing in motion.