#WSJCEOCouncil

It was a little over a year ago, when Trump's then chief economic advisor, former Goldman COO Gary Cohn had an epiphany in which he realized that Trump's entire overarching economic policy of encouraging tax repatriation so companies would invest in the US, spend on R&D and hire more workers,

In addition to being one the best quarter for corporate earnings growth since 2011 due to Trump's corporate tax cuts and fiscal stimulus, Q1 earnings season was closely watched for another key reason - to see what companies are doing with the excess cash "unlocked" thanks to Trump's repatriation

When it comes to stock buybacks - an increasingly politically charged topic - 2018 has already been a historic year: as we reported last weekend the $171 billion in YTD stock buyback announcements is the most ever for this early in the year. In fact, it is already more than double the prior 10

Moody's estimates that there is roughly $1.4 trillion dollars belonging to U.S. corporations that has been building up in foreign bank accounts for years now to avoid the 35% corporate tax that would be levied on them if they were brought back to the U.S.  Of course, getting that $1.4 trillion back

Ever since 2012 (see "How The Fed's Visible Hand Is Forcing Corporate Cash Mismanagement")  we have warned that as a result of the Fed's flawed monetary policy and record low rates, corporations have been incentivized not to invest in growth and allocate funds to capital spending (the result has