Hector Andres Pacheco discusses the tax overhaul that caused some corporations to pay steep one-time charges. We discuss the overall benefit tax reform will have on the long-term and how businesses are using it to grow. Pacheco also discusses Apple's positive earnings report and its upcoming initiatives, including construction of another campus somewhere in the U.S. We talk about Alphabet's underwhelming earnings report and its continued investment in machine learning.

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US businesses that rely on Chinese imports express relief and anxiety
American businesses that rely on Chinese goods are reacting with muted relief after the U.S. and China agreed to pause their exorbitant tariffs on each other’s products for 90 days. Many companies delayed or canceled orders after President Donald Trump last month put a 145% tariff on items made in China. Importers still face relatively high tariffs, however, as well as uncertainty over what will happen in the coming weeks and months. The temporary truce was announced as retailers and their suppliers are looking to finalize their plans and orders for the holiday shopping season. They’re concerned a mad scramble to get goods onto ships will lead to bottlenecks and increased shipping costs.
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