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Heads Up!

February 27, 2018 | Weekly Commentary

When the new tax law was passed late last year, many economists expected its effect to stimulate the U.S. economy. Now we are seeing how this stimulus is happening: (1) millions of employees have received or will receive bonus payments, (2) tens of millions of employee paychecks jumped this month because of lower tax withholdings, (3) corporations are transferring hundreds of billions from overseas to the U.S. This is serious amount of money which will most probably improve the economy and support the stock market.

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