Op-Ed: The Fed Starts Predicting the Weather
📘 Part I: What the Bill Actually Does 1. Corporate Tax Cuts Made PermanentThe 21% rate is here to stay. No cliff. No phase-out. Just permanent low taxation for businesses large and small. The math is simple: Lower taxes → higher net income → higher EPS → higher multiples. And with full expensing for capital […]
Labor Strength vs. Policy Patience: The Fed’s Balancing Act to Serve Two Masters
As we move deeper into Q2 2025, the U.S. labor market continues to defy expectations of a broad economic slowdown. April’s jobs report showed 177,000 new positions, steady unemployment at 4.2%, and a modest 0.2% increase in average hourly wages—strong, but not overheating. 💼 A Strong Job Market, but Sticky Inflation While job growth fuels […]