They say only three things in life are inevitable – death, taxes, and arguments about what those taxes should look like.
Joe Biden is expected to release a proposal to nearly double the capital gains tax rate on the wealthy. No surprise, the wealthy are panicking but should The Average Joe?
Inflation is a deadly word for growth stocks and fears of rising inflations have investors on edge.
At the start of COVID, falling prices of goods and services sent inflation to a low of 0.1% in May. Since then, inflation increased back to 1.7% in Feb. from an increase in energy/electricity prices and massive amounts of stimulus into the economy.
Investors were reminded of a shocking fact: stocks do not only go up as growth stocks — tech in particular — saw their biggest daily drop since October.
Over the past year, historically low interest rates have pushed investors looking for higher returns into the stock market — sending stock prices to record highs.
Counterintuitive as it may seem, many have predicted a boom in U.S. startups in 2021 and beyond. When economic catastrophe hits, as it did in 2020, a lot of people wind up facing financial difficulty. At the same time though, some of those same people have new incentives to thrust themselves into fresh pursuits or careers. Whether out of need or simply a desire to escape a tricky employment situation, a lot of people move out of recessions and into startups.
No one man should have all that power… Except Biden — who’s just been given even more power over federal laws and legislations.
The Georgia Senate election on Jan. 5 gave Biden control of both the House and Senate — making it easier to implement major policies. Most notably…
The fate of the stock markets rests on one last election outcome — a vote on Jan. 5 for Perdue’s Senate seat in Georgia, which decides the party that controls the upper chamber.
