06 Mar Weekly Reads: 3/2/2020
Investing: CoronaVirus Market Drop Does Little For Those Without Wealth to Invest – click here
Market drops historiclaly provide investors with a great opportunity to put new funds to work. However, for most of America these opportunities are meaningless because they lack the funds to invest.
Investing: Dow Plunges Despite Fed Rate Cut – click here
The Fed enacted a 50 bps emergency rate cut earlier this week. Despite this preemptive move markets were not encouraged and dropped post announcement. This article looks at why this reaction occured.
Politics: Stunning Night for Joe Biden – click here
In what many thought would be a reshaping of the Democratic party, Super Tuesday turned out to be a reaffirmation of the old guard. On the back of opponents dropping out in favor of supporting Mr. Biden the former Vice President shocked pundits to claim a great deal of states.
Economy: Forcing Capital Gains Tax Won’t Solve the Problem – click here
One of the primary ways both parties have suggested raising additional funds is to make sure that capital gains are not avoided entirely. While this is a convienent way for funds to be raised in concept, this author looks at why the plan may not be as fruitfull as many think.