US companies are returning cash to shareholders at a record pace — and that’s fueling everyone’s biggest fear about tax reform

Following the successful passage of the GOP tax law, many parties across Wall Street were nervous about how US companies would use excess cash. Data from S&P Dow Jones Indices suggests their biggest fears are coming true, although they argue it may not be as big of a deal as previously thought.

When the GOP tax law was passed, Wall Street was very vocal about what US corporations should do with the mountain of

Continue reading...