Ken Fisher Explains What Investors Need to Know about Europe’s Proposed Digital-Services Tax

In this video, Ken Fisher addresses investors’ fears of how a proposed European digital services tax might impact Technology stocks. Ken says the slow-moving nature of tax changes reduces any surprise power for markets, which is why he believes the proposed digital services tax is relatively inconsequential for stocks today.

First, he points out that Technology stocks aren’t just companies who produce things in the digital realm. Some areas of Tech that have little-to-no exposure to the digital world are hardware, semiconductor manufacturing and more.

Ken Fisher says, for Tech stocks that are in the digital services space, a digital services tax is a negative—but a rather small one. Tax changes tend to not be as big of a deal as many people fear because the changes—if they even pass—tend to get watered down through the legislative process. Further, Ken has always called out stocks’ forward-looking nature and tendency to focus on probable outcomes in the next 3 – 30 months. That means markets tend to pre-price all the fear that comes with tax proposals before they ever get implemented.

If you would like to learn more of Ken Fisher’s and Fisher Investments’ thoughts on capital markets, visit us at https://www.fisherinvestments.com/en-us.

Connect with us on:
Facebook - https://www.facebook.com/FisherInvestments
Twitter - https://twitter.com/fisherinvest
LinkedIn - https://www.linkedin.com/company/fisher-investments

Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.

Видео Ken Fisher Explains What Investors Need to Know about Europe’s Proposed Digital-Services Tax канала Fisher Investments