Barron’s: “Biden Has Proposed Reducing Tax Cuts. These 20 Stocks Would be Vulnerable.”
By admin_45 in IN THE NEWS
Excerpt from Barron's quoting DataTrek's Nick Colas:
... "The big criticism of government stimulus in 2008-09 was that it directly stabilized financial markets and didn’t prevent home foreclosures that affected ordinary people,” said Nicholas Colas, co-founder of DataTrek Research. “This time, especially if Democrats take over the Senate and presidency, we could see a different balance...
More moderate steps could include rolling back the corporate tax cut, though not completely. While that might not create a major market shake-up, it could cause a retreat, Colas said"...
Read the full article here on Barron's!
