E46Fanatics - View Single Post - Peter Schiff takes on Tax "rates" (WSJ)
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Old 12-08-2012, 01:15 PM   #26
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Join Date: Jan 2011
Location: San Diego
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My Ride: '12 135i Dinan S2
Originally Posted by evolved View Post
but raising rates isn't going to cause the end of investments nor America.
The end of investment? Of course not, but it definitely influences peoples decisions. I follow the financial markets and specificity stocks, commodities and indicators very closely during the work week. Since Obama's reelection, hedge funds, institutional investors and individuals alike are selling off to lock in gains before tax rates increase. This is driving some indicators and stock prices disproportionately low thus decreasing returns.

Past: 1999 Techno Violet Metallic M3
Present: 2012 135i DCT Dinan S2

Last edited by tock172; 12-08-2012 at 01:17 PM.
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