> Similarly, the market seems to show that Biden's increase in corporate/wealth tax will become a reality at a time when the market desperately needs lower taxe

> Similarly, the market seems to show that Biden's increase in corporate/wealth tax will become a reality at a time when the market desperately needs lower taxes and less punishment for the wealthy. Huh? The savings rate for the rich zooming coworkers from the hamptons is huge. Yes, pursue counter-cyclic policies, but given the rich people unable to consume services as before, raising taxes on them is hardly pro-cyclic.