william the wie
Gold Member
- Nov 18, 2009
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Existing Roths, IRAs 401 Ks and similar shelter such as munis suffer from reduced need for tax shelter and this leads to talk about an earnings recession coming. With more stuff being bought online all but the strongest sticks and bricks retailers are closing down because they are not profitable anymore. At the same time the tax base is shrinking and the number of high yield stocks are shrinking an ever bigger labor shortage is being created. That labor shortage means higher wages are shrinking earnings. What results do you expect to see happen?