Economic Commentary – May 12, 2025
The economic news starts to get interesting on Tuesday, and will continue from there, kicked off by the Consumer Price Numbers for April. It will be a long wait for perhaps the most substantive information on the impact of tariffs — the second quarter earnings reports, which will start in July— but hard data for the […]
Investment Commentary – May 12, 2025
Executive Summary Last week, the markets closed on a cautious note, with both stocks and bonds fluctuating amid anticipation of renewed trade negotiations between the world’s two largest economies. Investors showed restraint, avoiding riskier positioning amid speculation that, while the upcoming discussions between Chinese and American officials might mark a diplomatic thaw, a meaningful agreement […]
House Tax Bill Highlights: Key TCJA Provisions and Wealth Planning Implications
Preliminary Insights into House Tax Bill This weekend, the House of Representatives Ways and Means Committee released an initial draft of its proposed tax legislation. The primary focus of this draft is to address the provisions of the Tax Cuts and Jobs Act (TCJA) that expire at the end of this year. This proposal is […]
Sino-American Trade Detente – May 12, 2025
Good morning, Equity markets are rallying sharply this morning, with Futures up more than 3%, following the weekend’s trade détente between the United States and China. Everyone seems to love curbs on tariffs that did not exist 6-weeks ago. The suspension of most recently implemented tariffs has brought trade policy expectations closer to the more […]