Apple and others bringing home foreign cash may be a big enough force to boost the US dollar – Bank of America Merrill Lynch currency strategists expect U.S. companies bringing home, or repatriating. and that could drive about $400 billion in inflows, the strategists estimate. They also.
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CEOs aren’t spending to buy back their company’s stock so they can get richer: Goldman – Corporate America will probably do its part to continue to fan the flames on buybacks, nonetheless. Bank of America, Johnson Controls and Home Depot are just some. buyback plan unveiled in 2018..
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Global Stocks Could See 10% Trade Discount Narrow on Deal – “On our estimates, equities are still pricing relatively large. time to allow the U.S. to monitor whether China is meeting its obligations, they said. Bank of America strategists said in a note.
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The Way To View Citigroup Right Now – Citigroup’s Q2 2018 results were nothing to write home about but I believe that there is a lot to like about this bank as a long-term investment at today’s valuation. As previously described here,