Calling it now. 8 years of growth in the stock market, stocks are overvalued, too many people investing in companies that can't even create a source of revenue. It's prime time for a recession in the next 2-3 years based on the business cycle.

First off, pushes from the left to raise federal wage standards, if implemented, means more Americans having extra money to spend(at least initially), leading to inflation.

As a result, the fed will raise interest rates to try to reduce inflation. Raising interest rates hurts economic growth and often causes recessions.

In addition, pushes for higher capital gains taxes will destroy the stock prices, if implemented. With high capital gains taxes, it becomes more risky to invest in stocks, due to there being less reward if stocks perform well(as it's taxed heavily). Higher wage standards also reduces the profitability of some types of businesses, decreasing their stock value.

Personally, I've been saving my money I've made working, and I'm waiting for a recession before entering the stock market. In the meantime, inflation is so low that I don't really have a reason to invest, besides maybe low risk stuff. The hardest part will be figuring out when a recovery is likely and timing that.  

But higher capital gains taxes won't happen  

China did it better.  

Posted by Skill

First off, pushes from the left to raise federal wage standards, if implemented, means more Americans having extra money to spend(at least initially), leading to inflation.

I honestly think this would cause massive layoffs long before inflation hits.  

I trust your expert opinion on this subject  

Posted by Imprint

China did it better.

Your avatar pronounces it 'Gynar'