Legg Mason's Bourbeau: No tax reform would be 'big fail' for US large caps

Mike Sheen
clock • 2 min read

Managing director and portfolio manager of Legg Mason's $840m ClearBridge US Large Cap Growth fund Peter Bourbeau has warned the biggest US stocks could suffer significant fallout if President Donald Trump fails to pass significant tax reforms, which have already been partially "priced-in to the market".

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