Markets eerily silent amid surprise report on capital-gains tax hikes

When that need came across my TOS feed I immediately looked at my open positions then looked at the indexes and I was surprised there was no movement. Perhaps it's already priced in, perhaps it's bullshit, or perhaps it's already been paid for by lobbying and there is confidence it won't happen.
 
Overnight said:
What is really going to whet our whistle are tomorrow's inflation indicators. Hang on for the ride!
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You think they'll come back showing inflation picking up in a meaningful way Overnight? I bet they keep fiddling with the numbers so they don't. Maybe "slightly higher, we don't think its an issue but will remain vigilant", but I bet nothing worse. We shall see!!!
 
tiddlywinks said:
When the lights come on, just how good will a RETROACTIVE 43.2% cap gains tax look? Tonights rally is a good fade, IMO.


Markets eerily silent amid surprise report on capital-gains tax hikes
May 27, 2021 6:47pm

https://nypost.com/2021/05/27/markets-eerily-silent-amid-surprise-report-on-capital-gains-tax-hikes/
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MOST likely the US markets dont believe the US is dumb enough to raise taxes like that; especially with ALL the major moves to low tax/no tax states........................................................................................................................ Summer rally tends to be weakest of the 4 quarters. NOT a prediction or in muni bonds as of yesterdays close.. Capital gains are not paid on a roth/back door roth anyway or muni bonds.
 
tiddlywinks said:
When the lights come on, just how good will a RETROACTIVE 43.2% cap gains tax look? Tonights rally is a good fade, IMO.


Markets eerily silent amid surprise report on capital-gains tax hikes
May 27, 2021 6:47pm

https://nypost.com/2021/05/27/markets-eerily-silent-amid-surprise-report-on-capital-gains-tax-hikes/
More...
Thank the gods that are protecting the current goldilocks stock market. If the gods go away there will be enough blood on the floor to satisfy the most blood thirsty vampires.
 
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