A Century of Data Show Markets Far From Impervious to Tax Hikes

Bloomberg2021-04-05

Higher corporate, individual rates have dented returns: BTIG JPMorgan warns of declines for beneficiaries of 2017 cuts The prospect of tax hikes may not have derailed gains in U.S. stocks yet, but ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

精彩评论

Lewis1983
2021-04-05
Lewis1983
[微笑]
Retxed183
2021-04-05
Retxed183
Missionnnnnn coinnnnn
- MochiMama:
  like and comment thanks
HUATkueh
2021-04-05
HUATkueh
Ok
EddyAng
2021-04-05
EddyAng
please like and comment
- Alvinlsm:
  Sure
- ToTheMOON:
  Ok
张家二少爷
2021-04-05
张家二少爷
Pls give me some response
- Jeffinity:
  Hi pls reply back thanks
- Joker_Smile:
  done. response back too
- EddyAng回复Joker_Smile:
  Please response back
- 张家二少爷:
  oh no
- Joker_Smile回复EddyAng:
  ok
Jeffinity
2021-04-05
Jeffinity
Please comment and reply thanks
- 哇干打:
  Done !
- ChenJing4826:
  Hi
- ehilrsy:
  Hi

发表看法

{"i18n":{"language":"zh_CN"},"isChannel":false,"data":{"share":"https://www.laohu8.com/m/news/1194612605?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2021-04-05 16:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1194612605","market":"us","top_or_hot":-1,"title":"A Century of Data Show Markets Far From Impervious to Tax Hikes","media":"Bloomberg","content":"<div>\n<p>Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for beneficiaries of 2017 cuts\n\nThe prospect of tax hikes may not have derailed gains in U.S. stocks yet, but ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp\">网页链接</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A Century of Data Show Markets Far From Impervious to Tax Hikes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Century of Data Show Markets Far From Impervious to Tax Hikes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-05 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for beneficiaries of 2017 cuts\n\nThe prospect of tax hikes may not have derailed gains in U.S. stocks yet, but ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":".IXIC","symbol_name":"NASDAQ Composite","start_time":0,"source_url":"http://bloomberg.com/news/articles/2021-04-05/a-century-of-data-show-markets-far-from-impervious-to-tax-hikes?srnd=markets-vp","article_id":"1194612605","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1194612605","pubTimestamp":1617612726,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for benefici","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"translate_title":"一个世纪以来的数据显示，市场远不是不受增税影响的","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9},"content_text":"Higher corporate, individual rates have dented returns: BTIG\nJPMorgan warns of declines for beneficiaries of 2017 cuts\n\nThe prospect of tax hikes may not have derailed gains in U.S. stocks yet, but 100 years of data say the market is far from impervious to them.\nStocks can take a hit when rates rise on corporations and individuals, according to Julian Emanuel, chief equity and derivatives strategist at BTIG LLC. He sees 13 such instances, most recently in 1993. The average return on the U.S. benchmark index in the years of the combined hikes is 2.4%, and drops to -0.9% for the year following. That compares with a long-run annual average of 7.7%, Emanuel notes.\n“‘Common wisdom’ has it that equities are indifferent to tax hikes,” Emanuel wrote. “They aren’t.”\nU.S. President Joe Biden’s $2.25 trillion infrastructure-centered plan includes tax hikes that, among other things, would boost the corporate rate to 28% from 21%. It doesn’t include raising taxes on the wealthy, though such a proposal is likely in another related package. So far equities haven’t seemed to mind much, with the S&P 500 Index breaching 4,000 for the first time Thursday. Thin Democratic majorities in both the House and Senate means the proposal could struggle against Republican opposition.\n\nThe broad stock-market impact from the infrastructure plan as it stands looks modest to the likes of Goldman Sachs Group Inc. Chief equity strategist David Kostin estimated in mid-March that the proposed corporate tax hikes could shave roughly 3% off S&P 500 earnings in 2022. JPMorgan Chase & Co. strategists Shawn Quigg and Marko Kolanovic wrote last week that they’re looking out for deterioration in stocks that benefited from the 2017 reductions, which cut the corporate tax rate from 35%.\nMoreover, Emanuel anticipates only a near-term hit to the index, while economic and earnings growth fueled by central bank and government stimulus could drive “an overshoot to as high as 5,047” by the end of this cycle.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":349277048,"gmtCreate":1617620877384,"gmtModify":1634297524374,"author":{"id":"3570667103076911","authorId":"3570667103076911","name":"Lewis1983","avatar":"https://static.tigerbbs.com/099e9d25c1e6a93e2189500df30fc185","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"[微笑]&nbsp;","listText":"[微笑]&nbsp;","text":"[微笑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349277048","repostId":1194612605,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":349215383,"gmtCreate":1617615175742,"gmtModify":1634297570042,"author":{"id":"3571060865958359","authorId":"3571060865958359","name":"Retxed183","avatar":"https://static.tigerbbs.com/c86091eb56187447cd7d41aabe57cbeb","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Missionnnnnn coinnnnn","listText":"Missionnnnnn coinnnnn","text":"Missionnnnnn coinnnnn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/349215383","repostId":1194612605,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3961928,"gmtCreate":1617618237934,"gmtModify":1635743851218,"authorId":3579166997546108,"author":{"id":3579166997546108,"authorId":3579166997546108,"name":"MochiMama","avatar":"https://static.tigerbbs.com/b02cba851ffc5d8be520010c7a579eb4","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349215383,"type":1,"supId":0,"prevId":0,"content":"like and comment thanks","text":"like and comment thanks","html":"like and comment thanks"}],"langContent":"EN"},{"id":349219572,"gmtCreate":1617614588796,"gmtModify":1634297574675,"author":{"id":"3572312712757258","authorId":"3572312712757258","name":"HUATkueh","avatar":"https://static.tigerbbs.com/936c7c3c568dece3e2a6ae1a4510ab73","vip":1,"crmLevel":3,"crmLevelSwitch":0},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349219572","repostId":1194612605,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":349292648,"gmtCreate":1617613612484,"gmtModify":1634297587113,"author":{"id":"3573172201528943","authorId":"3573172201528943","name":"EddyAng","avatar":"https://static.tigerbbs.com/ff92cec8e8c5cef32f390c8687242f26","vip":1,"crmLevel":5,"crmLevelSwitch":0},"htmlText":"please like and comment","listText":"please like and comment","text":"please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/349292648","repostId":1194612605,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3961446,"gmtCreate":1617613626776,"gmtModify":1635743882740,"authorId":3555205227101964,"author":{"id":3555205227101964,"authorId":3555205227101964,"name":"Alvinlsm","avatar":"https://static.tigerbbs.com/dcf5a2c527c5396558784b0c1c3cd9eb","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349292648,"type":1,"supId":0,"prevId":0,"content":"Sure","text":"Sure","html":"Sure"},{"id":3961535,"gmtCreate":1617614256865,"gmtModify":1635743875053,"authorId":3576212227172632,"author":{"id":3576212227172632,"authorId":3576212227172632,"name":"ToTheMOON","avatar":"https://static.tigerbbs.com/7769f4b8d26aa1903d8784e79b05b4df","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349292648,"type":1,"supId":0,"prevId":0,"content":"Ok","text":"Ok","html":"Ok"}],"langContent":"EN"},{"id":349291519,"gmtCreate":1617613453231,"gmtModify":1634297589477,"author":{"id":"3578640057424295","authorId":"3578640057424295","name":"张家二少爷","avatar":"https://static.tigerbbs.com/5fa13e8a4280571a99e7326302f11926","vip":1,"crmLevel":6,"crmLevelSwitch":0},"htmlText":"Pls give me some response","listText":"Pls give me some response","text":"Pls give me some response","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/349291519","repostId":1194612605,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3961427,"gmtCreate":1617613502209,"gmtModify":1635743884044,"authorId":3577768125531962,"author":{"id":3577768125531962,"authorId":3577768125531962,"name":"Jeffinity","avatar":"https://static.tigerbbs.com/cd962fb93b939e4d4da3626bd1a00a26","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349291519,"type":1,"supId":0,"prevId":0,"content":"Hi pls reply back thanks","text":"Hi pls reply back thanks","html":"Hi pls reply back thanks"},{"id":3961438,"gmtCreate":1617613583124,"gmtModify":1635743883398,"authorId":3574572092080891,"author":{"id":3574572092080891,"authorId":3574572092080891,"name":"Joker_Smile","avatar":"https://static.tigerbbs.com/fb5bf41aabce75edc01766ad80e2bf49","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349291519,"type":1,"supId":3961427,"prevId":0,"content":"done. response back <u>too</u>","text":"done. response back <u>too</u>","html":"done. response back <u>too</u>"},{"id":3961447,"gmtCreate":1617613629960,"gmtModify":1635743882631,"authorId":3573172201528943,"author":{"id":3573172201528943,"authorId":3573172201528943,"name":"EddyAng","avatar":"https://static.tigerbbs.com/ff92cec8e8c5cef32f390c8687242f26","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3574572092080891,"repliedAuthor":{"id":3574572092080891,"authorId":3574572092080891,"name":"Joker_Smile","avatar":"https://static.tigerbbs.com/fb5bf41aabce75edc01766ad80e2bf49","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":349291519,"type":1,"supId":3961427,"prevId":3961438,"content":"Please response <u>back</u>","text":"Please response <u>back</u>","html":"Please response <u>back</u>"},{"id":3961584,"gmtCreate":1617614773634,"gmtModify":1635743871580,"authorId":3578640057424295,"author":{"id":3578640057424295,"authorId":3578640057424295,"name":"张家二少爷","avatar":"https://static.tigerbbs.com/5fa13e8a4280571a99e7326302f11926","vip":1,"crmLevel":6,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349291519,"type":1,"supId":0,"prevId":0,"content":"oh <u>no</u>","text":"oh <u>no</u>","html":"oh <u>no</u>"},{"id":3961597,"gmtCreate":1617614974202,"gmtModify":1635743870484,"authorId":3574572092080891,"author":{"id":3574572092080891,"authorId":3574572092080891,"name":"Joker_Smile","avatar":"https://static.tigerbbs.com/fb5bf41aabce75edc01766ad80e2bf49","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3573172201528943,"repliedAuthor":{"id":3573172201528943,"authorId":3573172201528943,"name":"EddyAng","avatar":"https://static.tigerbbs.com/ff92cec8e8c5cef32f390c8687242f26","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":349291519,"type":1,"supId":3961427,"prevId":3961447,"content":"<u>ok</u>","text":"<u>ok</u>","html":"<u>ok</u>"}],"langContent":"EN"},{"id":349290477,"gmtCreate":1617612948899,"gmtModify":1634297591229,"author":{"id":"3577768125531962","authorId":"3577768125531962","name":"Jeffinity","avatar":"https://static.tigerbbs.com/cd962fb93b939e4d4da3626bd1a00a26","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Please comment and reply thanks","listText":"Please comment and reply thanks","text":"Please comment and reply thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/349290477","repostId":1194612605,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":3961404,"gmtCreate":1617613158009,"gmtModify":1635743885455,"authorId":3566813650220385,"author":{"id":3566813650220385,"authorId":3566813650220385,"name":"哇干打","avatar":"https://static.tigerbbs.com/26cf19e0d0467441d0fd7d536d722d05","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349290477,"type":1,"supId":0,"prevId":0,"content":"Done !","text":"Done !","html":"Done !"},{"id":3961415,"gmtCreate":1617613327711,"gmtModify":1635743884911,"authorId":3560490484138250,"author":{"id":3560490484138250,"authorId":3560490484138250,"name":"ChenJing4826","avatar":"https://static.tigerbbs.com/63523ad29925b3d4191c82d0d4ac82a1","vip":1,"crmLevel":8,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349290477,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"},{"id":3978341,"gmtCreate":1617790336086,"gmtModify":1635742745800,"authorId":3577181336556870,"author":{"id":3577181336556870,"authorId":3577181336556870,"name":"ehilrsy","avatar":"https://static.tigerbbs.com/bfc5b187a9df286d3385e86c3b070638","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":349290477,"type":1,"supId":0,"prevId":0,"content":"Hi","text":"Hi","html":"Hi"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":39,"commentSize":8,"repostSize":0,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":false,"deviceId":"web-server-community-laohu8-v3","version":"4.26.2","shortVersion":"4.26.2","platform":"web","vendor":"web","appName":"laohu8","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1194612605"}