2020-06-29 12:01:16, Matt Thalman, INO.com Trader's Blog
Content Categorization
/Finance/Investing
/Business & Industrial
/News/Business News
Word Count:
796
Words/Sentence:
27
Reading Time:
5.31 min
Reading Quality:
Intermediate
Readability:
11th or 12th
Some are professional investors, people investing a little of their own money, financial advisors who manage a few million and others who manage hundreds of millions, and to first-time investors in their 20's, 30's, and 40's and even one as young as 17 years old.
While the bill has been touted as a way to boost the economy and help the middle class, some economists disagree; mainly on the idea that if corporations have a lower tax bill, they will higher more workers and pay their current employee's more money.
And let's be clear, this would all be true whether or not we're in the midst of a pandemic or not.
However, you can't blame people for making predictions or looking at the past performance of stocks following significant economic turmoil.
The phrase the FANG stocks, which was coined by CNBC's Jim Cramer, represents five high flying technology stocks, Facebook (FB), Amazon.com (AMZN),Netflix (NFLX), and Google's parent company Alphabet (GOOG – GOOGL).
Let me emphasize that, "No one truly knows what is going to happen next."
This is true for the people I have been speaking with, investors who managed billions in hedge funds or retirement funds.
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