RE: Where did you see this?

Feb 23, 2021
8:18:36am

sortsol Contributor

After the GameStop fiasco, momentum builds for an $800 billion tax

Uncle Sam is in search for a pot of gold that could ease the pain of trillion-dollar deficits. And some believe Wall Street might just have the answer.

https://www.cnn.com/2021/02/22/investing/gamestop-financial-transaction-tax/index.html

I have no idea if this is actually causing the selloff today, but yesterday, there was speculation of that.

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sortsol

Bio page: sortsol
Joined: Feb 17, 2007
Last login: Jun 1, 2024
Total posts: 693 (0 FO)

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Messages

Author

Time

Anything specifically happen today that’s causing the dip?

maxpowers

2/23/21 8:07am

Too much gov covid relief bringing on inflationary concerns, I believe. I may

ovalY

2/23/21 8:10am

Arnt stocks more “inflation proof” than other investments?

Pretorian

2/23/21 8:14am

He means over-valued...

NanoFab Coug

2/23/21 8:23am

The government is threatening to tax stock trades.

sortsol

2/23/21 8:12am

Where did you see this?

Zaphod

2/23/21 8:13am

RE: Where did you see this?

sortsol

2/23/21 8:18am

There's rarely a single reason. Short term, markets go up and down

BringBackRoyalBlue

2/23/21 8:13am

It always cracks me up that financial press *has* to give a single reason for market moves.

cheezedawg

2/23/21 8:16am

Look at 10yr Treasury Yields

Tare

2/23/21 8:16am

Some speculation that it could be this rumor/news

kalifi

2/23/21 8:19am

Buying some great businesses here. Woot.

grosven

2/23/21 8:24am

No, just a lack of a stimulus along with Democrats making threats to tax everything.

HuskerFan2

2/23/21 8:53am

All noise. Central Banks and black swans have the power to kill bull markets.

grosven

2/23/21 9:05am

Lots of noise, and all of it is negative right now.

HuskerFan2

2/23/21 10:26am

Biden/Harris effect is kicking in.

After the GameStop fiasco, momentum builds for an $800 billion tax

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