When news “broke” that the Biden administration was considering raising the top capital-gains tax rate on millionaires to 39.6%, the S&P 500 dropped from its high of the day to its low in less than one hour.
The Stock Market Got Spooked by What It Already Knew. Here’s Next Week’s Surprise.
2021-04-24T00:35:57-04:00April 24th, 2021|