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Trump meets with Foreign Business Leaders

Summary:
Left focusing on what they think is some sort of awkward exchange between the Siemens guy and Trump over the Siemens guy's job title (I don't get it...the left is completely incompetent... unqualified... out to lunch.. I digress...) but importantly the Siemens guy points out that with the passage of the Trump tax reform, they have now decided to expand a new multi-$billion gas turbine program in Charlotte, NC.The systemic effects of the Trump tax reform that moved the corporate rate towards equal between these trading nations is just not appreciated by ANYBODY....Fawning European CEOs have dinner with Trump at #Davos. Totally excrutiating. Statoil, Siemens, Deloitte, Total, Novartis, Nokia, Nestle, Bayer ... Many welcome Trump’s tax package of course, as corporations are key

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Left focusing on what they think is some sort of awkward exchange between the Siemens guy and Trump over the Siemens guy's job title (I don't get it...the left is completely incompetent... unqualified... out to lunch.. I digress...) but importantly the Siemens guy points out that with the passage of the Trump tax reform, they have now decided to expand a new multi-$billion gas turbine program in Charlotte, NC.

The systemic effects of the Trump tax reform that moved the corporate rate towards equal between these trading nations is just not appreciated by ANYBODY....

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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