UBS: Stocks could surge 25% if the Republican tax bill passesThe stock market is increasingly pricing in the possibility of a successful GOP tax bill. The firm forecasts that the S&P 500 could hit 3,300 in 2018 if a corporate tax cut ends up passing, which is 25% above the benchmark index’s current level. UBS figures that the market is currently factoring in only a 20-40% probability that a tax cut will occur.

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