Invesra, Invest in your Future

Do you know what the Presidential contenders are saying about taxes? 

We have summarized some of the information on their positions. While this is by no means comprehensive, it is a  side by side comparison of the candidates’ basic views.   The Candidates and Taxes

Regardless of who gets elected, the inherited economy for the next President will challenge even the brightest  mortals as they use fiscal and monetary tools to unwind the consequences of the subprime mess and at the same time, prevent the economy from inflating. The looming national debt creates more issues that will not easily be corrected. 

The capital markets are reacting with a great deal of volatility to the recession that may have arrived today or will wake us up tomorrow. According to Bill Gross, manager of the largest fixed income mutual fund in the world, the policies that are being put into place to prevent a recession will  be of little consequence. In his latest written commentary for February, he writes, “To provide a stable recovery path, government spending needs to fill the gap – not consumption. Public works programs, badly needed infrastructure repairs, as well as spending on research and development projects should form the heart of our path to recovery.”  For more reading from the guru of interest rates and economic outlook, go to Read the full article here.