Taxes Could Ruin Legal Marijuana
$1 billion: that’s how much California initially anticipated receiving in annual tax revenue by legalizing the sale of recreational marijuana. Here’s what actually happened: CA will likely bring in just under …
Yahoo Finance: “The under-appreciated force that intensified market selloff and rebound”
Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas: …. “In a note last month, Nick Colas from DataTrek explained that tax-loss selling intensified the sell-off. Tax-loss selling is a maneuver money managers make to help clients offset …
What VC Says About Stocks
Global venture capital had a banner 2018, as recently released data shows: Over $300 billion invested across all parts of the VC life cycle, from seed rounds to late stage …
Bloomberg: “It Only Gets Harder From Here, Stock Bulls”
Excerpt from Bloomberg quoting DataTrek’s Nick Colas: …. “DataTrek Research notes that the biggest losers in the S&P 500 in 2018 were up about 9.5 percent this year through Friday, compared with the benchmark’s 3.6 percent …
CNBC: “Stocks fall on concern about poor earnings”
Excerpt from CNBC quoting DataTrek’s Nick Colas: …. “However, DataTrek Research co-founder Nicholas Colas is not sold the market is out of the woods yet. “We are chalking up the S&P 500’s YTD gain of 3.6% …
Yahoo Finance: “Investors are exploiting a murky tax maneuver the IRS has yet to tackle”
Excerpt from Yahoo Finance quoting DataTrek Research: …. “In lieu of meaningful guidance, many advisory firms seem to have found a clever loophole: buy someone else’s version of an index fund or ETF, or go ETF …
Was December Just A Bad Dream?
During last month’s US equity market meltdown we proposed that tax loss selling was responsible for an outsized part of the rout. Here was our argument: In October/November 2018 investors sold …
Yahoo Finance: “The stock market has been on a quiet tear since Christmas Eve”
Excerpt from Yahoo Finance quoting DataTrek’s Nick Colas: …. “However, just because stocks are on a tear after months of declines doesn’t mean the trend is your friend. “Don’t think stocks are back to their old ways …
FT: “Bull markets need fresh blood to drive higher”
Excerpt from the Financial Times quoting DataTrek’s Nick Colas: ….”The average trailing 20-year compounded annual growth rate over the past century comes to 11 per cent, as highlighted by DataTrek’s Nicholas Colas. But the past two decades have …
Higher Oil Prices Need a Weaker Dollar
If I told you that the dollar would depreciate by 10% over the course of 2019, what would you expect crude oil prices to do this year? Most of you, I …
