Corporate bond issuance was strong in the first half. High-yield, in particular, is on course for yet another record year. The Fed essentially provided a backstop to corporate bonds in March last year, setting ablaze risk-on sentiment. Corporate profits are … Continued
Thanks to last year’s tax cuts, corporate taxes have seen a big drop, with a wide gap between what corporations make and what they pay in taxes. While this gives them more money to spend on dividends and buybacks, this … Continued
On September 27, the White House unveiled its proposal for changes to the tax code, which would drop the corporate rate from 35 percent to 20 percent. For individuals, the top tax bracket drops from nearly 40 percent to 35 … Continued