Friday, February 9, 2018

Torrance, CA-Based American Honda Finance Corp, in Its Just Filed 10-Q With the US SEC, Generated Dec 2017 Quarter Pretax Income of $370 Mil, Up an Exceptional 101% Above Its Dec 2016 Quarter Pretax Income of $184 Mil ....................................................................................... But That's Simply a Drop in the Bucket as Compared to This: Its Dec 2017 Quarter After-Tax Net Income Was $3.370 Bil, Up a Clearly Off-the-Charts 27 TIMES or Up $3.251 Bil From Its Dec 2016 Quarter After-Tax Net Income of $119 Mil ....................................................................................... $3.025 Bil or 90% of American Honda Finance's $3.370 Bil Dec 2017 Quarter After-Tax Net Income Came From an Income Tax Benefit of $3.025 Bil Resulting From the Puzzling, Very Lucrative US Federal Income Tax Debt Forgiveness Feature in the US Trump Tax Cuts Act ....................................................................................... I Suggest the World Has Lost Confidence in the US Government's Ability To Deal With Key Fiscal Issues Like Its Poorly Designed US Trump Tax Cuts Act and That is Bearing on World Stock Markets and Their Crazy Volatility