Notes for trust officers, private bankers and others concerned with estate and trust planning, from a Merrill Anderson Senior Editor and his retired mentor.
Sounds obvious, but not necessarily meaningful.If investors become faux bears in December, as they harvest their gains, won't they have to turn into faux bulls in January, as they restore their positions?
I had that thought also.However, it could depend upon how bad the bloodbath is. If stocks go into negative territory for the year, people could be too scared to invest in January.I think David Brooks might have nailed it in today's Times. Announce a one-year extension of the current tax system and adopt the deficit commission changes next year.
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