Americas: New Year’s resolutions

Author: John Crabb | Published: 26 Jan 2018
New year, new priorities

The last month saw buoyant markets in the US, with record highs for the Dow, Nasdaq and the S&P 500. This confidence can in part be attributed to the major tax breaks introduced in the GOP's tax reform bill, a tough pill to swallow for its many staunch adversaries, but could well be reversed by the government shutdown – which remains in place at the time of writing.

More regulatory confusion The Consumer Financial Protection Bureau saga has yet to be resolved. Once again siding with the Trump administration, US District Judge Timothy Kelly turned down Leandra English's request for a temporary restraining order, which would have prevented White House budget director Mick Mulvaney from holding the position on a temporary basis....