Amarin Corp Plc (AMRN)

[raistthemage]

Tariffs are taxes and taxes are negative for the economy but tariffs are probably less negative for the economy then corporate income taxes.

The tax cut and jobs act did not spike up the deficit (at least not yet) as revenue has been at record levels consistently since it passed, the omnibus spending bill of March 2018 spiked the deficit.

AMRN's long term revenue is probably fine regardless of overall economic trends as ultimately a drug with such impressive numbers in averting life saving conditions SHOULD become standard of care (though I thought the results would "go viral" very quickly and that may not be the case) and I'm not sure how the tax laws will effect an Irish company that manufacturers its drug in the United States. The short term stock price could go either way, we're either very near the end of correction (I think most likely) or just part of the way in a bear market (not as likely but possible).

If it is the beginning of a true bear market and there are no good catalyst soon it will go down further...