Delayed Gratification for Corporate Tax Cuts
Phasing-in a corporate tax cut in 2019 makes CAPEX a better deal than if the rate were zero.
US Unconventional CPI - 2017-11-14
US CPI/PPI - 2017-11-14
Oil - 2017-11-12
The BEAT is a Pragmatic and Geopolitically Savvy Inbound Base Erosion Rule
Tax Cuts and Jobs Act, Senate Finance Chair's Mark
The New York Times keeps whitewashing communism’s crimes
I Dined With Alwaleed in the Desert Days Before His Arrest
Tax Reform: The Sausage Factory Moment
The conventional wisdom moves from "tax cuts can't happen" to "tax cuts won't matter."
Arrest of billionaire Saudi prince shines light on U.S. holdings: Citigroup, Twitter, Apple
The risk to financial markets is more about political unrest and instability in Saudi Arabia, rather than a dramatic drop to Prince Alwaleed's U.S. stock holdings, like Citigroup, which he has owned since 1991, and Apple.
"The risk for global markets is that the Saudi royal family destroys itself in a fratricidal game of thrones, opening the door to a new radical regime that would be hostile to U.S. interests or play games with oil supplies," said Donald Luskin, chief investment officer at the financial firm TrendMacro.