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Tax cut sparks record-setting $178B buyback boom

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Tax law changes are sparking huge levels of share buybacks from publicly held companies.

During the first quarter, S&P 500 companies bought back at least $178 billion in shares.

That marks a 34 percent increase from the first three months of 2017 and beats the prior record of $172 billion set in 2007.

Read more from CNNMoney.

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Dr. Paul Collins

I trust the monetary policies of Donald J. Trump, president of the U.S. A.

Tuesday, May 22
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