(Bloomberg) — If Washington fails to deliver on its promised regulatory and tax reforms, a pullback of 10-15% would be realistic, says Steve Dudash, president of IHT Wealth Management. He tells Bloomberg Daybreak Europe’s Caroline Hepker and Markus Karlsson that a President Trump reform failure is U.S. traders’ ’biggest fear’. He added that the Fed rate hike path was already clear, barring some major political or economic event.

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