The US Tax Hike Impact Is Minimal
Ed Clissold, Chief US Strategist, Ned Davis Research
28-Apr-21 07:30
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President Biden has proposed a series of tax hikes to pay for childcare and education programs. Markets were initially sold down on this news but have since recovered. Ed Clissold, Chief US Strategist at Ned Davis Research tells us if this has a significant long-term impact on markets and will this see a shift towards more passive investing.
Image credit: EPA-EFE/ Stefani Reynolds / POOL
Produced by: Dayana Mustak
Presented by: Khoo Hsu Chuang, Wong Shou Ning, Philip See
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Categories: Business Analysis, Trends and Forecasts, Markets, Politics, Social Issues, law & legal matters, Investments
Tags: tax, us, politics, hikes,