Andrew Hunter

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Last quote by Andrew Hunter

The chances of the latter happening are close to zero.feedback
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Apr 28 2017
Andrew Hunter has been quoted 22 times. The one recent article where Andrew Hunter has been quoted is Companies are holding a $2.6 trillion pile of cash overseas that's still growing. Most recently, Andrew Hunter was quoted as having said, “With the deep cuts to individual income and corporate tax rates estimated to increase the federal budget deficit by $7 trillion over a decade, there is next to no chance of the plan ever being approved by Congress in its current form. The upshot is that a tax on reinvested foreign earnings won't come close to paying for the $6 trillion to $7 trillion cost of the massive cuts to individual income and corporate taxes that Trump is proposing. Accordingly, this doesn't change our view that Trump's plan will never make it through Congress in its current form.”.
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Andrew Hunter quotes

With corporate tax reform on the agenda of both parties, the odds are increasing that some of the foreign cash will eventually be repatriated. But this is unlikely to give a major boost to the domestic economy.feedback

That said, the prospect of a deal being agreed to reform the corporate tax system is no longer as remote as it once was.feedback

This vast pile of foreign cash could provide a substantial boost to GDP (gross domestic product) if it was ever brought home. But the chances of this happening under the current tax system are very low.feedback

We think most officials will want to see more concrete evidence of a rebound in GDP growth and a rise in inflation towards the 2 percent target with a December move still appearing the most likely outcome.feedback

The recent strength of underlying retail sales can largely explain the resilience of service sector activity.feedback

Overall, this suggests that the manufacturing sector is continuing to gradually recover. A strong recovery in manufacturing activity remains unlikely in the near term.feedback

This is clearly positive news after the worrying slowdown in previous months.feedback

The rebound in the ISM index reinforces our view that the US economy remains on a firm footing.feedback

Today's report is clearly a positive development and suggests that the long-suffering manufacturing sector may finally be starting to recover.feedback

There has never been as much next-generation, leap-ahead technology on a single ship before.feedback

Gasoline prices remain at a very low level by past standards, providing a continued boost to consumers' purchasing power. Furthermore, confidence should have benefited from the recent stabilization in equity prices, as well as the continued strength of labor market conditions.feedback

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