Jeff Kleintop, Chief Global Investment Strategist at Charles Schwab, says that corporate tax cuts are becoming a global phenomenon outside of the U.S.
For full interview [click here](https://cheddar.com/videos/charles-schwab-2018-market-outlook).
The U.S rushed to seize the assets of Silicon Valley Bank after a run on the bank, the largest failure of a financial institution since Washington Mutual during the height of the financial crisis more than a decade ago.
Fear rattled Wall Street Friday, and stocks tumbled on worries about what’s next to break under the weight of rising interest rates following the biggest U.S. bank failure in nearly 15 years.