Corporate America

Earnings Season So Far: 27 Of 42 Reporting Companies Cite "Trump" Or "Administration"

Of the 42 S&P 500 companies reporting Q4 earnings so far, 27 cited the term “Trump” or “administration” during their Q4 earnings calls. Tax policy was cited or discussed by the highest number of S&P 500 companies at 11. Six of these 11 companies stated that if taxes were lowered, it would benefit their clients or themselves.

Fiat Chrysler To Invest $1 Billion In The US, Add 2,000 Jobs

Suddenly the coolest thing in corporate America is announcing major capital investments in the US while adding thousands of American jobs, in other words the opposite of the globalization trend of the past 30 years, in yet other words, doing precisely what Donald Trump demands.