bryan cranston heisenberg © Toniflap
© Toniflap

THE HEISENBERG writes: “Oh, what a difference a year makes. Thanks in no small part to tax cuts and deficit-funded, supply-side fiscal stimulus, 2018 was a record year for S&P 500 cash spending. In fact, as Goldman writes in an expansive new note, “aggregate spending on capex, R&D, cash acquisitions, dividends, and share repurchases rose by 25% to $2.8 trillion [last year]”. For those keeping score at home, that’s nearly the briskest YoY growth in three decades.”

To read the full post, please click here.

Comment on this article


You must be logged in to post a comment.