How it’s going to affect global market, The U.S senate passed tax cut and job act plan by Trump. Which means the corporate tax reduced from 35% to 20%. This will help the wealthy.
By the way last day didn’t took this news seriously by the market. But it will help the US companies and the dollars. Whether it will help the bull market? it may or it may not. The US market can become beneficial by getting more investment.
Everyone hope this won’t affect other markets like India badly. Depends upon the reach of this act inside global market.
Wait and see.