Texas & western Iowa | 1234 - 10/20/2017 05:59
There are tax considerations like capital gains, etc whenever you sell stocks that are important considerations. My question is have investors been delaying those transactions hoping for a better tax deal and what effect has that had on keeping the market on its current trajectory?
Interesting discussion and interesting thoughts. I'd say at least some of the market run up may very well be related to these possible tax proposals.
The growth of particular sectors of the market also reflect that investors and money managers seem to be pinning their hopes on proposed agenda items.
Below is an expanded view of the largest sectors and their 2017 performance:
https://eresearch.fidelity.com/eresearch/markets_sectors/sectors/sec...
As far as where things go from here, who knows? So far, my predictions have been wrong. The only thing we can consider as fact is historical data. Where we are now compared to where we've been in the past.
According to CAPE 10 we're in fairly rarefied air. We've only been here once before, and even then the run up in equities continued for another ~4 years.
http://www.multpl.com/shiller-pe/ |
How much of the run-up in the stock market....
