Investors expected a market plunge after yesterday’s chaos at the Capitol. What happened? Bob Pisani explains the current market trends for CNBC. Joe Biden’s tax agenda has a better chance in the Senate now. How many of his plans can pass a narrowly divided Congress remains the major question. Howard Gleckman shares his thoughts on the subject with Forbes. A lot of investors have made retirement resolutions. Rachel Hartman has 14 ways to help make your resolution a success.
The Stock Market Is Looking Past DC Turmoil And Keeps Going Higher. Here’s Why: Despite the chaos at the Capitol, the S&P 500 closed Wednesday at a new high, baffling some observers. “I think most feel this [the Washington protests] is more of a one-off situation, that this as an isolated event as opposed to some sort of bigger movement…,” said Peter Tchir of Academy Securities. Read more…
What Will A Narrow Democratic Congress Mean For Joe Biden’s Tax Agenda? — The party’s ability to eke out 51 Senate votes, thanks to the tiebreaking vote of Vice-president Kamala Harris, gives Biden the opportunity to pass some of his domestic policy ideas, including some tax initiatives. But don’t expect anything like the ambitious agenda he laid out in his campaign. Read more…
Retirement Resolutions For 2021 –The new year presents a time to jump-start your retirement savings. Making some changes now could allow you to retire with less stress and a bigger nest egg. Here are 14 steps to take that will help you succeed. Read more...
John R. Day, Bill Ennis, Stephanie Hall, and Matt Heller