The government just passed the “One Big Beautiful Bill”, and it’s packed with changes that will affect both your personal finances and your business. We’ve distilled the key takeaways into clear, actionable insights so you can stay ahead.
The Magnificent 7 stocks have returned 285% since 2020, far outpacing the S&P 500’s 91% gain and now make up about 35% of the index.
The July jobs report showed weaker-than-expected growth, with only 73,000 new jobs added—well below the 104,000 forecast. May and June figures were also revised down sharply, bringing the 3-month average to just 35,000, far below historical norms.
With tariffs now at their highest level since 1911—average consumer rates reaching 20.2% (Yale Budget Lab)—many companies are absorbing costs rather than passing them to consumers, as stable spending data suggests.
Social Security has been a key part of retirement planning for decades, but demographic shifts and financial pressures are putting its long-term sustainability at risk. While the program is unlikely to disappear, future benefits may be reduced, making it essential to plan for retirement with diversified savings and not rely solely on Social Security. Strategic timing, tax planning, and staying informed about policy changes can help ensure a more secure financial future.
With President Trump’s reciprocal tariffs set to resume August 1, 2025, after the 90-day pause, investors are understandably watching closely.
Market volatility and headline-driven rallies in assets like Bitcoin, copper, and gold can tempt investors to chase short-term gains. However, history shows that lasting wealth is built through discipline, diversification, and a focus on long-term objectives. Evaluating alternative assets within a balanced portfolio, rather than as standalone bets, remains key to sustainable financial success.
Congress and President Trump have passed a sweeping tax and spending bill that permanently extends key provisions of the 2017 Tax Cuts and Jobs Act, including lower tax rates, higher standard deductions, and increased estate tax exemptions. While the legislation offers immediate tax benefits to individuals and businesses, it is projected to add $3.4 trillion to the national debt over the next decade. Investors should stay informed but focus on long-term financial planning rather than reacting to short-term policy changes.
The U.S. dollar remains the world’s dominant reserve currency despite recent declines and mounting fiscal concerns, supported by deep markets and global trust. While shifts in currency dynamics are inevitable, diversification, not doomsday predictions, remain the wiser long-term focus.
The Fed’s monetary policy decisions continue to shape the economic landscape and long-term financial plans.