Market News and Commentary February 16

Tax Cut Scoreboard: Workers $6 Billion; Shareholders: $171 Billion. It’s raining stock buybacks on Wall Street — thanks to President Trump’s massive corporate tax cuts. Only 13% of business’ tax cuts are going to workers, survey says. Sears’ sales drop biggest yet. Gates, a top Trump campaign adviser, close to plea deal with Mueller. U.S. ‘junk’ bond funds hit by second biggest cash withdrawals: Lipper.

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