2018-04-12 18:41:15 UTC
1st Quarter 2018 Results are just starting to be reported for US companies
and expectations are that because of President Trump's economic measures,
the 'bottom line' or net profits for these companies will be the best 1st
Quarter results ever!
2017 was a very good year for the Dow, S&P 500 and all the major US stock
indices. The Dow set numerous records such as having 70 all- time highs by
year's end. President Trump's first year in office was arguably the best
year ever for the Dow. (See our summary of year-end results including the
The S&P 500 also had an incredible year. 2017 was the first year in the S&P
500's history that every month netted a positive increase for the overall
index, and it increased a total during the year of 21.7%. The same index by
October reached a record set 20 years prior by recording its 6th straight
day ending in a new all-time high.
President Trump's efforts to increase jobs through growth paid off as
regulations were cut and industries like coal and oil were virtually opened
up for business through regulation cuts. In addition, the tax code was
revamped resulting in a tax regime that is more business and individual
friendly. Tax rates were cut and Americans and American companies were
awarded significant changes to their tax rates starting in 2018.
For individual tax payers the Trump tax cuts will lower rates and double the
amount of standard deductions from each payer's tax bill. Corporate results
will be just as significant with the corporate rate being cut from 35% (one
of the highest rates in the world) to 21%.
As a result of these tax cuts, most US Corporation will deliver a net income
in their financial results that is 14% greater than prior year. This starts
in the 1st Quarter of 2018 and the results for many major companies will
begin being reported in the next few weeks. This means that for every large
corporation reporting financial results in the US, the net income after
taxes will be increased by 14% - an unheard of increase!
With many companies reporting their best year's results ever in 2017, and
the economy on fire, and taxes being cut by 14% - expectations are that the
net income for these companies in the 1st Quarter of 2018 will be the best
ever and this will continue from this point forward!
President Trump is doing what he promised and just because many in the media
won't report his many successes, doesn't mean they aren't happening. MAGA!
Cvrsta ruka i postenje
Sveta voda i krstenje
Budi covjek to je dika
Budi roda svoga slika
Nedaj na se, nedaj svoje
Nemoj tude, prokleto je
Jer ko zivot tako prode
Ponosan pred Boga dode
Gdje god da te zivot nosi
Uvijek moras znati tko si, hej
Geni, geni kameni
Vatra gori u meni
Geni, geni kameni
Takvi smo mi rodeni