Biden Tax Plans Could Slow Growth; Recession Signs Emerging But Market Historically Positive Over Long Term
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Raising taxes on stock buybacks and corporate profits could slow EPS growth and business investment if Biden proposals are enacted.
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Money supply is declining rapidly, predicting potential economic weakness ahead. Other indicators also forecast a possible recession.
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Historically the stock market has positive annualized returns under both Democrat and Republican presidents since 1945, but performs better with Democrats in office.
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Bear markets tend to be short-lived, while bull markets last much longer over the long run.
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Analyzing 105 rolling 20-year S&P 500 return periods since 1900 shows the market has always produced positive returns over 2 decades, regardless of which party holds the presidency.