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Congress On Track To Avoid Shutdown And Soften Trump Spending Cuts

by The Wealth Advisor Contributor
The US Congress is set to avoid another government shutdown later this month by passing compromise bills.

Featured

JPMorgan Introduces New Special Advisory Services For Key Clients

J.P. Morgan has introduced a new advisory capability designed to deepen strategic engagement with a select group of sophisticated clients.

Erosion Of Fed Independence Would Be 'Credit Negative' For US Rating, Fitch Says

Erosion of Fed independence would be 'credit negative' for US rating, Fitch says.

Jamie Dimon Warns $38 Trillion National Debt Is Going To ‘Bite’: ‘You Can’t Just Keep Borrowing Money Endlessly’

JPMorgan Chase CEO Jamie Dimon: At some point, governments around the globe are going to have to examine their spending habits.

Recent

Washington Wire

Last-Minute Changes Appear to be Making Trump's 'Big, Beautiful Bill' More Expensive by the Day

Pieces of Trump's "big, beautiful bill" have been reshaped over past week. Edits appear to have one thing in common: Upward pressure on bill's price.

Washington Wire

Wall Street Forecasts Windfall for Big US Banks From Fed Plan to Ease Leverage Rule

US global banks can expect much as $6Tn in additional balance sheet capacity and billions in freed up capital under Fed plan to relax leverage rule.

Direct Indexing Channel

Syntax Data and Donoghue Forlines Introduce Tactical Momentum and Dividend Indexes Seeking Downside Risk Mitigation

“Uncertainty is a reality in today’s equity markets, and these strategies have been designed to attempt to insulate investors against catastrophic ‘black swan’ events,” said Jeff Thompson, CEO and portfolio manager at Donoghue Forlines.

Washington Wire

A Look at Who Could Replace Powell as Fed Chair

There is now a short list of people who could succeed Jerome Powell as the next Federal Reserve chair, each with their own pros and cons.

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The Trust Advisor

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

The Trust Advisor

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

Companies

BlackRock Total Assets Hit Record $14 Trillion As ETFs Surge

Washington Wire

Fed Faces ‘Trilemma’ Of How Big Its Balance Sheet Should Be

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