Sharing is Caring!
Remember when trillions of trapped profits abroad were going to return to the US economy after tax reform?
It isn't the biggest swing in the world, but the q1 BoP data indicates U.S. firms have resumed reinvesting a decent chunk of their offshore earnings abroad pic.twitter.com/yhs04ajebg
— Brad Setser (@Brad_Setser) June 26, 2019
1,433 views