Access our monthly Market Review commentary which provides a simple, easy-to-understand assessment of the economy and financial markets.
THE LATEST
Investors closely watch quarterly GDP reports to evaluate the strength and direction of the economy. These reports influence market sentiment, shape expectations for Federal Reserve policy, and offer valuable context for corporate earnings forecasts and portfolio decisions. The second-quarter GDP data showed a significant upside surprise, with the U.S. economy growing at an annualized rate of 3.0% from April through June.
The One Big Beautiful Bill (OBBB), long a Republican policy goal, officially became federal law on July 4, 2025. In late June, House Speaker Mike Johnson vowed to send the finalized legislation to President Trump before Independence Day, after the Senate passed its version. He delivered on that promise. The bill narrowly passed the Republican-controlled House with a vote of 218–214.
The so-called “One Big Beautiful Bill” making its way through Capitol Hill has sparked intense debate, particularly among fiscal conservatives and budget deficit hawks. Supporters promote the bill as a sweeping, comprehensive reconciliation package that aims to consolidate tax cuts, spending reforms, and Medicaid restructuring into a single piece of legislation. By advancing the bill through the budget reconciliation process, backers hope to bypass filibusters and secure passage with simple majorities.
BLOG
GET IN TOUCH
