Tax Reform Proposals – Reduces the Largest Shareholder in Most U.S. Corporations

The house ways and means committee released its 82 page Republican tax reform proposals “Tax Cuts and Jobs Act.” These proposals did not come from Mount Sinai written in stone so much will change before they pass through Congress—if they ever do. The following is a brief review of some of these proposals.  This represents …

 First Capital Market Musings: The Fed on to Q.T.

The Federal Open Market Committee (F.O.M.C.) meets this week (Sept. 19-20) and will likely signal it will begin to shrink the size of the Fed’s balance sheet.  It will do so by reversing the results of quantitative easing using what many call quantitative tightening (Q.T.) Recent Financial Conditions Eased Surprisingly perhaps, despite the three Fed Funds …