You Don’t Say: Dow Hits 20,000

Much has been made, with excited anticipation and finally realized jubilation, of an index of stocks from 30 companies reaching a round number like 20,000.

And then over here you have:

People should also be aware, Mr. Kelly said, that expected cuts in capital gains taxes has kept many investors from taking profits during the rally. The thought being, that if they were to wait several months, they could dump their stocks and face a lighter tax bill in the process.

There’s more, but… oh I can’t even.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s