Loading ...The dead are born in Cheery Land…their buttocks Nay!
This cap gains thing is what we have been waiting for– this reminds me of pre-crash march action—there will be no rebound today—tomorrow—down hard—then monday the crash sequence could start…it’s fair to ask “why now”….that Biden/the dems were gonna raise taxes and cause all sorts of economic mayhem was well known—Biden said as much during the campaign…lots of “problems” hiding in plain sight and being ignored…it happens in every bull cylinder cycle…I don’t see any cheery resolution to this—not today and not for a while…personally, I don’t think such a tax hike would pass congress…there are still enuff sane dems–but that consideration won’t stop investors selling in the coming week or two… maybe Armstrongs “panic cycle” he said could start about now is upon us….this finally gets the message through investors thick skulls that Trumpy is out–[and big corporations backed Biden-] and the dems are PROFOUNDLY hostile to capitalism…