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food4thought

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food4thought

Re: remember my name post# 1728

Tuesday, 12/01/2020 12:40:27 PM

Tuesday, December 01, 2020 12:40:27 PM

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Capital gains tax rate adjustments are part of the Biden administration wish list. Short-term vs long-term gains could deter investors from selling here as well. So I do believe there will less selling volume going into 2021 than in previous years as so many investors have large short-term capital gains this year due to investments made after the March sell-off. Clearly the growth and a tech sectors hold the majority of those gains.
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