INVESTOR PLACE: 2015 SOTU: 3 Stock Market Takeaways

Career College Central Summary:

  • President Obama gave the 2015 State of the Union last night, addressing for the first time a Congress fully controlled by the Republican party.
  • The president, who at first spoke glowingly about the progress America has made since he first took office in 2009, then moved on to broadly outline his remaining agendas in his final two years in office.
  • His primary focus was on “middle-class economics” — the concept that everyone should have a fair shot at success. He elaborated, saying:
  • “That means helping folks afford childcare, college, health care, a home, retirement — ?and my budget will address each of these issues…”
  • But how will these initiatives be funded, and what does that mean for investors? According to the WSJ,
  • “His plans include some $235 billion in new spending, which he proposes raising through an increase in top capital-gains tax rates and new taxes on many inheritances, among other measures.”
  • Of course, for wealthy stock market investors, an increase in capital-gains taxes might be the single-most important byproduct of last night’s State of the Union initiatives. But with the details yet to be worked out and a Republican Congress to hurdle, these tax hikes are far from imminent.

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INVESTORPLACE

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