Today's article features the SPY & AMZN and examines "How Worried Should Investors Be About Tax Hikes?" Read on for details.Last week the market briefly sold off in minutes, following news that the Biden administration was proposing doubling the long-term capital gains rate for those making over $1 million.
The market recovered quickly, and soon was making new record highs again.
However, with the S&P 500, and other major indexes, off to a roaring start in 2021, many investors are worried that valuations have become extreme.