Daily Top Ten – March 29, 2017

1.Trump Trader Reversal….Tax Cut Basket Gives Back All Gains.

Equity Markets: According to the next chart, the markets seem to be giving up on US corporate tax cuts. It shows that a broad basket of companies paying the highest tax rates has reversed all of its post-election outperformance and then some. The stock market doesn’t see these firms in a lower-tax regime anytime soon

Source: @tracyalloway

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Daily Top Ten – March 27, 2017

1.U.S. Stocks Vs. International…Big Spreads.

Since the 2009 bear-market low, the SPDR S&P 500 exchange-traded fund (ticker: SPY) has shimmied up 244%, outgunning the 96% gain in the iShares MSCI All Country Ex-U.S. ETF (ACWX), and 93% for the iShares MSCI Emerging Markets ETF (EEM).

5 Year Chart…S&P +66% vs. EEM -7%

5 Year Chart S&P +66% vs. International Developed +13%

www.yahoofinance.com

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