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Taxes Take Their Toll on the Stock Market

By Doug Ehrman - Apr 15, 2013 at 2:33PM

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Two major economic releases bespeak an underlying problem.

Last week, as Wal-Mart and Boeing each touched new 52-week highs, the release of two major economic reports brought the major indexes down from their all-time highs. The reason for the weakness in each of the reports was worry over the end of the payroll tax holiday. This issue falls into the larger framework of the sequestration cuts and should be of real concern to the American public.

In the video below, Fool.com contributor Doug Ehrman discusses the substance of each report and helps to put them in the proper context, including the potential impact on the stock market and individual investment choices.

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