Under certain circumstances, hiking taxes might actually exacerbate inequality.
The distance between America’s rich and the poor has grown in recent years—but hiking taxes might actually exacerbate inequality.
For individual investors, trading more is generally a bad idea. The more you trade, the more you spend on fees and other trading costs. But the same is not true for active mutual-fund portfolio managers.
Uncertainty is confounding by its very definition. In the economy, uncertainty can arise from a number of different corners, including wars, natural disasters, and, of course, government decisions—or indecision.