BOA expects massive amounts of overseas cash to come to USA.

Jan 2007
38,324
8,857
https://finance.yahoo.com/news/bank-america-massive-amounts-overseas-190400035.html


[h=1]BANK OF AMERICA: Massive amounts of overseas cash are about to pour into the US — and provide a boost to the dollar[/h]


  • The US saw less multinational repatriation than some expected in the first three months of 2018.
  • Bank of America Merrill Lynch analysts expect a portion of the $3.5 trillion in corporate cash abroad to flow back into the US over the coming quarters.
  • The lag in repatriation in the first quarter could have been because companies were busy preparing.
 
Dec 2014
17,383
6,260
The Milky Way
Who cares. it is all going to be used for stock buy backs and dividends

Tired, worn out cliches. As if it will all go there and die? And that cash still gets into the economy. Millions and millions own stocks in their 401k'S, IRA,'s etc. Plus pension funds, including union pension funds, are heavily invested in the stock market. Dividends are distributed to those folks directly or into those accounts and pensions.
 
Last edited:
Jul 2014
38,922
33,911
Border Fence
Who cares. it is all going to be used for stock buy backs and dividends
Companies projected to use tax cut windfall for record share buybacks, JP Morgan says

J.P. Morgan strategists estimate that firms in total will authorize at least $800 billion of buybacks, a 51 percent increase from 2017.
Some $300 billion of that total will come from a tax cut windfall through reduced earnings and repatriated foreign cash.
https://www.cnbc.com/2018/03/02/companies-projected-to-use-tax-cut-for-record-share-buybacks-jp-morgan.html

Trump's promises ALWAYS come true.
 
Jul 2014
38,922
33,911
Border Fence
Less than meets eye: Bonuses, not raises, from U.S. tax cut windfall


...The plan slashed the corporate tax rate from 35% to 21%. The companies say the bonuses they've announced are a way to share some of their bounty with their workers.

The bonuses are one-time payouts, not the permanent pay raises that Trump and congressional Republicans have said will eventually result from the corporate tax cuts. Over time, bonuses are far less valuable to employees than wage increases.

So far, most companies haven't said whether permanent pay increases are in the works. And economists caution that the corporate income tax cut's effect on average pay, if any, might not become apparent for several years.
https://www.usatoday.com/story/money/business/2018/01/10/less-than-meets-eye-bonuses-not-raises-u-s-tax-cut-windfall/1021163001/
 
Jul 2013
57,934
63,842
Nashville, TN
Tired, worn out cliches. As if it will all go there and die? And that cash still gets into the economy. Millions and millions own stocks in their 401k'S, IRA,'s etc. Plus pension funds, including union pension funds, are heavily invested in the stock market. Dividends are distributed to those folks directly or into those accounts and pensions.
Reality is son of a bitch, isn't it? 10% of the people own 84% of all the stocks. More right wing trickle down bullshit that you people are suckered into believing by your propaganda outlets.

The Richest 10% of Americans Now Own 84% of All Stocks | Money

Some people love being fucking serfs and peons of the 1%
 
  • Like
Reactions: 2 people
Jun 2014
50,213
51,528
United States
  • The lag in repatriation in the first quarter could have been because companies were busy preparing.
Sure... It takes a few months to pack all of that cash up into suitcases and paddle it back to the mainland on little canoes. ;)
 
  • Like
Reactions: 2 people

Libertine

Moderator
Apr 2015
15,669
2,998
Katmandu
Sure... It takes a few months to pack all of that cash up into suitcases and paddle it back to the mainland on little canoes. ;)
That lag, along with the dip we are currently experiencing is creating an opportunity to clean up in stocks this year. The easiest part is that it is public knowledge how much and which companies are taking advantage of this. The fix is in, take advantage of it.