Stock Market was phenomenal in 2017, wasn't it

[clawman]

one example, only one!
Do you think Apple would have repatriated 250 Billion dollars without the change in tax laws?
[url]https://www.usatoday.com/story/money/markets/2018/01/19/beyond-apple-repatriation-16-us-corporate-giants-have-1-trillion-cash/1048287001/[/url]

[cyber16]

Or
Apple has saved $43 billion in taxes

corporate welfare?

[Scott C]

[QUOTE=cyber16;5985706]Or
Apple has saved $43 billion in taxes

corporate welfare?[/QUOTE]

That's not how welfare works but nice try. Welfare is getting something you didn't pay for. Apple following tax law in not welfare. I suppose when you file taxes you make sure and get every deduction available to you.

[Custom Eyes]

[QUOTE=clawman;5985658]one example, only one!
Do you think Apple would have repatriated 250 Billion dollars without the change in tax laws?[/QUOTE]

Not all $250 billion. They were going to have to bring some back in order to do the expansions and jobs they announced in 2015 that "someone" was trying to take credit for. If you look at the history of past repatriations, all it does is cause corporations to stash more money overseas waiting for the next repatriation. The biggest recipients of the previous repatriations greatly increased hiding money overseas after they cashed in what they had. Either way, that's only $38.75 billion in revenue. The market probably lost that while you were making your coffee or showering this morning. And sill FAAAAAAARRRRRRRR short of the $1.5-2 trillion the cuts cost us in increased debt, which will skyrocket even higher if the cuts fail.

[clawman]

[QUOTE=cyber16;5985706]Or
Apple has saved $43 billion in taxes

corporate welfare?[/QUOTE]
WRONG!! If they did not bring the money back to the US, and announce plans to build 250 million facility and hire 20,000 employees, the US treasury would have rec'd ZERO!!

[clawman]

[QUOTE=Custom Eyes;5985754]Not all $250 billion. They were going to have to bring some back in order to do the expansions and jobs they announced in 2015 that "someone" was trying to take credit for. If you look at the history of past repatriations, all it does is cause corporations to stash more money overseas waiting for the next repatriation. The biggest recipients of the previous repatriations greatly increased hiding money overseas after they cashed in what they had. Either way, that's only $38.75 billion in revenue. The market probably lost that while you were making your coffee or showering this morning. And sill FAAAAAAARRRRRRRR short of the $1.5-2 trillion the cuts cost us in increased debt, which will skyrocket even higher if the cuts fail.[/QUOTE]
And if the economy continues to grow at the 2017 rate unemployment will be under 4%. Wages are and will continue to go up, all of which equates to huge tax increases to the treasury. Now if the economy grows at 4% and unemployment drops to 2.5% the US will be in a boom. The biggest challenge will be hiring enough workers. Speaking of welfare, there are too many people on welfare than our country can afford. We need all hands working, not waiting for a check.

[Custom Eyes]

[QUOTE=clawman;5985802]And if the economy continues to grow at the 2017 rate unemployment will be under 4%. Wages are and will continue to go up, all of which equates to huge tax increases to the treasury. Now if the economy grows at 4% and unemployment drops to 2.5% the US will be in a boom. The biggest challenge will be hiring enough workers. Speaking of welfare, there are too many people on welfare than our country can afford. We need all hands working, not waiting for a check.[/QUOTE]

Nope. Even with the Trump and Republican projections of growth, which is nearly impossible, we're still left with $1.5-2 trillion in debt BY THEIR NUMBERS. 4.5-5% isn't happening and we're near full employment, so that number will probably double at least by projections. Last quarter growth was 2.6%, far short of the 4.5-5% needed, so at "the 2017 rate" as you say, we're screwed. If he was president in 2008 and pulled this trigger, maybe possible, but not now when the economy is peaking and market already over-inflated.

[Ozark Bob]

[QUOTE=PapaFishmaster;5985338]Wow , you guys are really smart. Please keep posting your unbiased insights so the rest of we mere mortals can follow you to the promise land.[/QUOTE]
With you on this PAPA. Some are good at pouncing on the first hiccup to say told you so. Problem here is those who have stayed with the market are way ahead since the election of President Trump. Some have even said they knew it was going to happen with the big run-up over the past 14 months. Absolutely no correlation with the tax changes. There has been no time to change anything either way. I am learning to expect it and try to ignore it. I think the Dems are grasping at straws in desperation. JMHO. I am no soothsayer. Bob

[cyber16]

Keep in mind that 81% of all stock here are owned by 10% of the population
The stock market growth has done little for most Americans
These market numbers mean little to many, the possible repercussions of a crash leading to longterm uncertaty will touch everyone, many in a negative ways.

I only hope it's the long over-due reset we knew was coming.
Under normal times it's just what the market does, are these normal times? i don't think so

Edit:
News like this won't help our market
US trade gap rises to $53.1 billion in December and $566 billion in 2017, [B]highest in nine years.[/B]