Trump’s full court press on tax reform has investors buying: Varney

By Stocks FOXBusiness

Watch the Trump rally roll on: Varney

FBN's Stuart Varney on the impact on stocks of President Trump's push for tax reform.

Guess what? The rally continues: stocks going up again...new record highs just a half-hour away!

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Good Monday morning everyone. Look at this:

Stocks across the board will keep the record run going. Big companies, small companies. Technology, finance, industrials. They just keep going and going. The Trump rally has now added $5.3 trillion to the market's total value, and we are only about 650 points from 24,000.

Why another move up today?

Because the president has mounted a full court press to get tax cuts done by Thanksgiving, or at least Christmas. And he's telling Republicans to get it done, or lose in next year's elections.

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He's calling Republican leaders. He's going to Capitol Hill to rally the troops, and he's invoking Ronald Reagan.

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He needs 218 votes in the House. Looks like he'll get them. And he needs 50 votes in the Senate...he's got a very good shot at  getting them too.

That’s what investors are looking at; that’s why they're buying again this Monday morning.

So sit back and watch the Trump rally roll on!

What do you think?

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