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" ... "There's no exclusive club for happiness," says Lisa. We're all invited to join. However, it often takes a substantial mental readjustment. Just think, are we really born with a pessimistic view of the world? ... "
" ... But will the stock market crash now? Hearing Jay Powell speak it appears they are prepared to die on the hill of QE. So the market will not be allowed to take its natural course. This means the market will crash but only when and if there is a downfall moment. There has to be a readjustment for a global economy that has lost at least 10% of its output with still more damage to come. ... "
" ... Some consider the stock market's weak September performance to provide a buying opportunity. More likely, though, it is a readjustment back to a more realistic, fundamental basis. Therefore, to regain lost ground, Wall Street will require some of those October issues to resolve themselves positively. ... "
" ... The third proposed change would eliminate the step-up basis. A step-up in basis is the readjustment of the value of an asset for tax purposes upon inheritance. So, for instance, if you own property and that property gets passed onto your descendants, the value of that asset for taxes would be adjusted to market value so that if your descendants decide to sell the asset at that time, there will not be any capital gains. ... "
" ... This is confusing many companies, as many are still hoping that things will go back to the way they were prior to the pandemic. However, Schybergson believes that this is a mistake and warns that “what we see is that the pandemic is actually shifting behavior …..the way people work, the way people socialize, the way people shop, the way people get services and so on. We will see some readjustment over time, but things are not going back to the way they were.” ... "