$828b in US taxes to be paid by Americans, plus $125b in crypto taxes, approximated

Apr 18, 2022
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$828b in US taxes to be paid by Americans, plus $125b in crypto taxes, approximated - Tom Lee and Fundstrat

Fundstrat looked into years where markets were strong, and the weeks before filing (April 18 this year, not October) markets were weak.

A lot of assets are bad financial hedges, Lee said. Americans own $55t worth of bonds. There might be a panic out of bonds. Lee thinks into income generating real assets and TINA. So people will sell bonds to buy real assets but not a lot of stocks.

His base case is still that inflation cools.
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<div><b>$828b in US taxes to be paid by Americans, plus $125b in crypto taxes, approximated - Tom Lee and Fundstrat</b></div><div><br></div><div>Fundstrat looked into years where markets were strong, and the weeks before filing (April 18 this year, not October) markets were weak. <br></div><div><br></div><div>A lot of assets are bad financial hedges, Lee said. Americans own $55t worth of bonds. There might be a panic out of bonds. Lee thinks into income generating real assets and TINA. So people will sell bonds to buy real assets but not a lot of stocks. <br></div><div><br></div><div>His base case is still that inflation cools. <br></div>
$828b in US taxes to be paid by Americans, plus $125b in crypto taxes, approximated - Tom Lee and Fundstrat

Fundstrat looked into years where markets were strong, and the weeks before filing (April 18 this year, not October) markets were weak.

A lot of assets are bad financial hedges, Lee said. Americans own $55t worth of bonds. There might be a panic out of bonds. Lee thinks into income generating real assets and TINA. So people will sell bonds to buy real assets but not a lot of stocks.

His base case is still that inflation cools.

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