Don't think that plays much into it, but the market would probably prefer Trump just like in 2016 when Trump won. Cutting corporate taxes by 14% made those companies instantly worth 14% more. Biden wants to raise the tax rates on corporations, so they don't want to run the risk of losing that 14%. I think higher tax rates are actually good for the economy though if structured to encourage businesses to spend to avoid said taxes.
I guess Prevagen doesn't work. A vitamin B complex might have helped. Those usually amp me up a little.
oh no, the Sp 500 is back down to nearly flat. But wait, was the market is gleeful because it loves Kamala? Or Gavin? Or Gretchen? Give us some more brilliant insight.
The scarier thought is what is Trump going to look like at 81 in office given he's fat and has a poor diet? Is the Diet Coke going to save his mental capacities as he ages? Or, the McDonald's? Or, the KFC?
Raising/cutting taxes in itself is pretty meaningless. What matters is where that capital flows. Raising taxes forces companies to realize less profits and instead flow that money elsewhere. Each company does it different. Lower taxes gives companies more flexibility. Some companies, like Apple, have massive amounts of flexibility and get 'wealthier' by these tax cuts. Corporate tax rates should ebb and flow from year to year. The bigger issues IMO is the gulf of differences between Trump and Biden's plan. Biden continues to block M&A's and is very passive about rate cuts. Trump has made it clear rate cuts are going to happen, even if he has to remove Powell. There are people who think blocking M&A's are great. There are very few industries who suffer from too little competition and instead are hamstrung by outdated regulations. Blocking the Spirit and Albertsons merger was unnecessary, but irrelevant. What is important is to allow small businesses to merge and in tech, this is a huge issue. Technical talent is locked up in these small startups and fear any type of acquisition will be blocked.
Honest question for Democrat voters here... Whom do you blame most for this debacle you find your party in? Joe? Jill? Barack? Media? Someone else?
@Salvy @Xerobull @ROXRAN Biden is basically Kathleen Kennedy and the country is Disney We all know these shows have been terrible but have brainwashed by the media to think they are good
Lol, Biden is Snoke.... Built up for all these years only to be a massive disappointment and easy kill...