From Liberation Day To Independence Day
2025-05-19 08:34:00 ET
Summary
- Business confidence needs to improve to restart U.S. investment and growth—could the forthcoming tax bill provide the impetus?
- First quarter earnings by S&P 500 companies sum up investors’ dilemma. Year-over-year earnings growth is running at 13.4%, according to FactSet, a significant upside surprise.
- The key date for investors might not be “Liberation Day,” or the various and shifting negotiation deadlines associated with it, but Independence Day.
By Shannon L. Saccocia, CFA
Business confidence needs to improve to restart U.S. investment and growth—could the forthcoming tax bill provide the impetus? ...
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