The article highlights the critical upcoming months for the economy and financial markets as they will be influenced by significant legislative actions, particularly President Trump’s tax cuts and fiscal policies. A pivotal development is expected with the potential passing of the 'One Big Beautiful Bill' by July 4, designed to stimulate growth but also raising concerns over increased deficits. Additionally, market reactions, including those from Wall Street and Treasury bonds, will be closely monitored as this legislative agenda unfolds, influencing both spending and economic confidence moving forward.
If you followed the seasonal investing advice of 'sell in May and go away,' you may want to reconsider because the outlook for the economy and financial markets will likely be determined in the coming months.
One key piece could come as soon as this week. Trump has set a July 4 deadline for Congress to pass his so-called One Big Beautiful Bill, which contains his tax cuts and spending priorities.
Collection
[
|
...
]