Marketplace®

Daily business news and economic stories
Apr 23, 2021

The stock market is … an idiot

News that the Biden administration wants to jack up the capital gains tax rate spooked markets yesterday. Also on today’s show: Olympic gymnast Simone Biles is leaving Nike for a smaller athletic brand and the president says tackling climate change will create jobs.

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New retail investors could have a good shot at growing their savings if they take a long term approach.
New retail investors could have a good shot at growing their savings if they take a long term approach.
Spencer Platt/Getty Images

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The stock market is … an idiot