The week leading up the the 2020 presidential election introduced new market volatility into US equity markets. With the possibility of a contested election; the reemergence of COVID-19; and lower earnings forecast; we believe heightened volatility is going to be with us in the short-term.
With increased spending, government officials will need to look for ways to increase revenue in order to compensate and makeup for budgetary shortfalls. Unfortunately, when it comes to government, “increasing revenue” is another way of saying “increasing taxes.”
The Internal Revenue Service (IRS) amended rules under the CARES Act to provide flexibility for health-care spending related to the COVID-19 pandemic in which families and individuals may need additional at-home services,
Here are a few key points to keep in mind before making investment decisions based on vaccine related headlines.