Futures contracts tied to the major U.S. stock indexes were higher Friday morning as investors prepared to end a down week for equities amid concerns the White House could seek a hike to the capital gains tax.
The rebound followed a turbulent session for equities after multiple news outlets reported Thursday afternoon that President Joe Biden is slated to propose much higher capital gains taxes for the rich.for wealthy Americans. "We expect Congress will pass a scaled back version of this tax increase," wrote Goldman Sachs Chief Economist Jan Hatzius in a note. "We expect Congress will settle on a more modest increase, potentially around 28%."
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nntaleb Of course Nassim is right .Real Estate people with great banking relationships rarely pay cap gains. BTW the new crypto banking system emerging will grow quicker if cap gains or regular taxes increase, They'll hodl & borrow against crypto assets. Taxes encourages the asset class
nntaleb So if im super rich i wont cash out my multi billion dollars worth of investment - i will wait 4 years maybe 8, republican will fix this mess.
nntaleb Sounds like Taleb and his pals have nothing to worry about, then! 43.4% it is.
nntaleb CC: SecYellen
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Stock futures calm in anticipation of big earnings weekFutures held steady Sunday as investors braced for one of the busiest weeks of the first-quarter earnings season. It will be a selloff and then up again... as it was with all earnings last year Investors! There is only ONE the most important thing you need to know about StockMarket - WE ARE IN THE BIGGEST STOCKMARKET BUBBLE IN HISTORY!!! 200% Ratio of StockMarket CAP to GDP!!! SIGNIFICANTLY OVERVALUED!!! DON'T LOSE YOUR MONEY!!! WallStreet 'advisers' and mass media: CNBC, Bloomberg have to be very proud for luring clueless retail 'investors' into the biggest StockMarket BUBBLE in history! This is what they are paid for by big corporations - turning retail investors into bagholders!
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Stock Futures Wobble Ahead of Economic Data, EarningsS&P 500 is poised for a tepid decline as investors look to economic data, corporate earnings and global Covid-19 uptick to see if this year’s stocks rally has more steam. I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent Williams_jame1 who guided me and help me make a living through bitcoin with my LUNO app , I recommend you to meet her now and also be a beneficiary of good work PROMO! PROMO!! PROMO!!! FACEBOOK IS GIVING ALL DOES WHO SUFFER FROM THE PENDIMIC INCOME WHILE STAYING AT HOME TO QUALIFY JUST COMMENT YOUR COUNTRY NAME? And right from the start, I always knew
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Stock futures look for direction ahead of busy earnings week, Fed meetingStock-index futures are little changed Monday as investors look ahead to one of the busiest weeks of earnings season and a meeting of Federal Reserve policy... The road paved with big pumpers . Lots green on the screen 📺 lay the money down GO Golf 🏌️
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