2 Question Tuesday® – 07/08/2025 – Will the Passage of the Big Beautiful Bill Spark a Summer Long Rally? Will President Trump’s New Tariffs Derail the Rally?
Welcome to 2 Question Tuesday®. This week’s questions were:
- Will the passage of the Big Beautiful Bill spark a summer long rally?
- Will President Trump’s new tariffs derail the rally?
Phil, Mike, and Larry explain how the passage of the Big Beautiful Bill and the renewal of the tax cuts could spark a summer rally. They then talk about how the markets will react now that the president has instituted tariffs on Japan, South Korea and other countries, and moved the deadline for tariff reprieve to August 1.
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