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.
2019-10-11 13:40:00 Friday ET
Apple CEO Tim Cook maintains a frugal low-key lifestyle. With $625 million public wealth, Cook leads the $1 trillion tech titan Apple in the post-Jobs era.
2018-08-13 12:39:00 Monday ET
White House chief economic adviser Larry Kudlow points out that the recent U.S. dollar strength shows a clear sign of investor confidence and optimism. Gree
2022-03-25 09:34:00 Friday ET
Corporate cash management The empirical corporate finance literature suggests four primary motives for firms to hold cash. These motives include the tra
2025-10-02 12:31:00 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
2018-11-03 11:36:00 Saturday ET
Apple adds fresh features to its new iPad Pro and MacBook Air in addition to its prior suite of iPhone XS, iPhone XS Max, and iPhone XR back in September 20
2024-10-27 07:56:01 Sunday ET
Stock Synopsis: China Internet tech titans continue to grow amid greater competition. We launch our unique coverage of top 25 China Internet stocks. In t