2017-08-19 14:43:00 Sat ET
technology social safety nets education infrastructure health insurance health care medical care medication vaccine social security pension deposit insurance
In a recent tweet, President Donald Trump criticizes Amazon over taxes and jobs. Without providing specific evidence, Trump accuses of the e-commerce retailer of hurting U.S. cities and states with job losses. Amazon's stock price declines quite a bit after this tweet. In his critique, Trump has targeted Amazon whose CEO Jeff Bezos owns the Washington Post, one of several major media outlets that have been swept up in the president's relentless fight with the press.
Now stock analysts and market observers wait for Treasury Secretary Steve Mnuchin to deliver on Trump's promise of a comprehensive fiscal overhaul with a particular emphasis on lower income taxation and special tax holiday for offshore corporate cash repatriation.
In addition to its recent acquisition of Whole Foods, Amazon can draw down its offshore cash reservoir throughout the prospective tax holiday to continue the current Trump stock market rally. The same logic also applies to several other multinational corporations such as Apple, Google, Microsoft, Facebook, Exxon Mobil, Johnson & Johnson, and so forth. Although the stock market valuation seems high with a long-term P/E ratio of 25x to 27x, the Trump stock market rally may move in tandem with the current interest rate hike as new economic data suggest robust labor market recovery and capital momentum.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2025-09-16 09:27:00 Tuesday ET
Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund
2019-04-25 09:35:00 Thursday ET
Bridgewater hedge fund founder Ray Dalio suggests that the current state of U.S. capitalism poses an existential threat for many Americans. Dalio deems the
2025-10-09 11:30:00 Thursday ET
Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund
2025-09-21 12:32:00 Sunday ET
Stock Synopsis: With a new Python program, we use, adapt, apply, and leverage each of the mainstream Gemini Gen AI models to conduct this comprehensive fund
2018-03-21 06:32:00 Wednesday ET
Fed Chair Jerome Powell increases the neutral interest rate to a range of 1.5% to 1.75% in his debut post-FOMC press conference. The Federal Reserve raises
2023-02-14 09:31:00 Tuesday ET
Eric Posner and Glen Weyl propose radical reforms to resolve key market design problems for better democracy and globalization. Eric Posner and Glen Weyl