while WE slept: USTs mixed, 'hair' steeper on strong volumes; some (2y, 10y) levels to watch; reasons for econ resilience w/higher rates; could Fed HIKE?
while WE slept: USTs mixed, 'hair' steeper on strong volumes; some (2y, 10y) levels to watch; reasons for econ resilience w/higher rates; could Fed HIKE?
Good morning … Meta vs Tesla. Tale of two behemoths and markets are being tested to see whatever they want to see. Not a stock jockey and I’ll leave that ‘debate’ to those far smarter than I but will offer it seems similar to the debate of whether or not good news is bad (or bad is good or good is good? no, wait, bad is bad?)
Biden's 44.6 Percent Capital Gains Tax a 100-Year High
https://www.newsmax.com/politics/biden-capital-gains-taxes/2024/04/24/id/1162315/
yea saw that i mean i get the data was not opportune but ... think it gets worse IF ...
bespoke
https://mailchi.mp/bespokepremium/bespokes-morning-lineup-559610?e=bf7bea80e3
They also want to change the basis on Inherited assets
Now we get a step up basis at
Date of Death and no tax is normally due, unless the Estate
is very very large.
Now it could be subject to tax and reduce the inheritance.
Life isn't hard enough for the working middle class and they want to tax money earned 2 and 3
times, so they can give it to
the illegals and the welfare class.
It's Ridiculous!!!