$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.