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.
2019-09-07 17:37:00 Saturday ET

Federal Reserve Chair Jerome Powell announces the monetary policy decision to lower the federal funds rate by a quarter point to 2%-2.25%. This interest rat
2019-08-30 11:35:00 Friday ET

The conventional wisdom suggests that chameleons change their skin coloration to camouflage their presence for survival through Darwinian biological evoluti
2019-06-27 10:39:00 Thursday ET

Berkeley tax economists Gabriel Zucman and Emmanuel Saez find fresh insights into wealth inequality in America. Their latest estimates show that the top 0.1
2017-11-23 10:42:00 Thursday ET

As the TV host of Mad Money, Jim Cramer provides 5 key reasons against the purchase and use of cryptocurrencies such as Bitcoin. First, no one knows the ano
2018-07-03 11:42:00 Tuesday ET

President Trump's current trade policies appear like the Reagan administration's protectionist trade policies back in the 1980s. In comparison to th
2018-01-07 09:33:00 Sunday ET

Zuckerberg announces his major changes in Facebook's newsfeed algorithm and user authentication. Facebook now has to change the newsfeed filter to prior