There was a lot to digest last week, so let’s jump right to it. The AP reported that the Supreme Court has ruled that states can force online shoppers to pay sales tax (all times local). This was an obvious jab at the monopoly Amazon holds in the online e-commerce business. AP also reported that Wayfair, one of the companies named in the case and the e-commerce company that sells home goods expects this decision to have a “notable impact” on its business. Our home state of Illinois is probably salivating, most likely spending the money before its even collected!
The Eventual Flattened Yield Curve Will Indeed Flatten The Equity Markets
Posted by
Capital Trading Group on Jun 26, 2018 11:18:39 AM