The stock market is … an idiot – Marketplace

That’s the conclusion of “Market” host Kai Ryssdal after a market freakout yesterday. What spooked it? Information that the Biden administration desires to jack up the capital beneficial properties tax fee. “Have merchants heard of the USA Senate?” our host puzzled. All that and extra on right this moment’s Weekly Wrap. Additionally on the present: Homebuyers are waiving contingencies on this sizzling housing market, Olympic gymnast Simone Biles is leaving Nike for a smaller athletic model and the president says tackling local weather change will create jobs.


SIN/id #inventory #market #fool #Market

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