elections

In midterm elections, some voters choose to raise taxes on the wealthy

In midterm elections, some voters choose to raise taxes on the wealthy

Wealth Consulting Group CEO Jimmy Lee said investors would start taking a “longer-term view” after the election. In Tuesday’s crucial midterm elections, residents of Massachusetts and California had to decide whether to pass major tax policy changes, including raising the rates paid by the wealthiest Americans. Despite the fact that only about 0.6% of high-income …

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This midterm election result is 'generally good for the markets': what investors can expect

This midterm election result is ‘generally good for the markets’: what investors can expect

Election workers open ballots at the Maricopa County Tabulation and Election Center in Phoenix on November 11, 2022. Justin Sullivan | Getty Images It may take until December to find out which political parties control both houses of Congress after Tuesday’s midterm elections. But that doesn’t mean your personal investment strategy should also stay up …

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'Dazzled by the money': Democratic ties to Sam Bankman-Fried under scrutiny after FTX collapse

‘Dazzled by the money’: Democratic ties to Sam Bankman-Fried under scrutiny after FTX collapse

The fall of Sam Bankman-Fried dealt an unprecedented blow to the reputation of the crypto industry – and some of that infamy may rub off on the politicians who took his money, as well as former regulators and employees. of Capitol Hill who took high-paying jobs representing digital asset companies before Congress. Bankman-Fried, founder and …

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Midterms Red Ripple Brings Uncertainty to Markets

Midterms Red Ripple Brings Uncertainty to Markets

About the authors: Larry Hatheway and Alex Friedman are the co-founders of Jackson Hole Economics and the former chief economist and chief investment officer, respectively, of UBS. To the surprise of many observers (including ourselves), the midterm elections turned out to be more contested than most polls and political futures had indicated. The political tipster …

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Midterm elections pose big stakes for US economy as headwinds grow

Midterm elections pose big stakes for US economy as headwinds grow

Tuesday’s midterm elections come at a pivotal time for the US economy as it faces an increasingly bleak outlook amid stubbornly high inflation and the heightened likelihood of a recession this year or next. Voters feeling the consumer price chain still hovering around a 40-year high will vote to determine which party controls the House …

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