Friday, April 2, 2010

By 2013, investment taxes for the wealthiest Americans will rise to roughly 24%

Higher taxes threaten stock rally

But this time around, the psychological impact may play a bigger role. With the U.S. economy still reeling in the aftermath of the worst recession since the 1930s, investors have more reason to show caution in the near term. "You'll probably see more of a sideways pattern in the stock market over the next few years, but it's a little muddy as to how the higher taxes might factor in," said Linda Duessel, equity market strategist at Federated Investors.

Posted by mark @ 01:06 PM (757 views)
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