Fred Rogers is back




The lion kingdom has narrowed down a plan for selling shares to declare a capital loss, then buying the shares again with the expectation that they'll go up in the future.  It's like getting a tax credit for making money.  The capital loss trade could intensify selloffs.  It's a way of moving shares from a taxable to a tax sheltered account.


So far, the lion kingdom still doesn't have any stonks under their basis value, but some are taking a beating over virus & inflation fears, even as the indexes keep rising.  Lions don't expect any tightening to happen, so these stonks should at least break even in the long term.  



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