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Nike Memo?
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<blockquote data-quote="bacha29" data-source="post: 3863965" data-attributes="member: 58386"><p>And stop thinking that companies will use the savings to grow and expand their workforce at a time when all indicators point to a significant economic slowdown . The only think that came out of the Trump tax cut was a rapid acceleration of stock buy backs. The tax cut was nothing more than a short term economic stimulus that will be offset by higher interest rates driven by increased federal borrowing. Fedex stock is not down by one third because of a strong economic forecast.</p></blockquote><p></p>
[QUOTE="bacha29, post: 3863965, member: 58386"] And stop thinking that companies will use the savings to grow and expand their workforce at a time when all indicators point to a significant economic slowdown . The only think that came out of the Trump tax cut was a rapid acceleration of stock buy backs. The tax cut was nothing more than a short term economic stimulus that will be offset by higher interest rates driven by increased federal borrowing. Fedex stock is not down by one third because of a strong economic forecast. [/QUOTE]
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