Less Bite – May 27, 2025
Good morning, On Friday morning – four long days ago – the White House announced a 50% tariff on the EU starting June 1. The market didn’t love it: the S&P 500 opened down -1% and closed off -.67%. Fast forward to this morning – after news that the start date has been pushed to […]
Economic Commentary – May 27, 2025
Congress is on Memorial Day holiday until June 3 (yes, they do get better benefits than most people!), although returning to their districts and (maybe) meeting with constituents may be anything but a holiday for Representatives and Senators this year. Emotions continue to run high over the economic provisions of the House-passed tax and spending bill, […]