Monthly Archives: May 2025
41654156156Impact of Trump’s 2025 Tax Cut Bill on U.S. Sovereign Debt and Asset Classes
Written on May 27, 2025 at 5:23 am, by pumarketings
1. U.S. Sovereign Debt: Current State and Projections Current Debt Landscape Impact of the Proposed Tax Cut Bill To illustrate the debt ballooning issue, the following chart projects the U.S. debt-to-GDP ratio under two scenarios: (1) current law baseline and (2) with the proposed tax cuts fully implemented. 2. Market Reactions and Concerns 3. ImpactContinue Reading
NZD Holds Firm Ahead of RBNZ Decision Amid Mixed Forces
Written on May 27, 2025 at 3:59 am, by pumarketings
Key Takeaways: *The New Zealand dollar remains robust, but an eye on RBNZ’s potential rate cut tomorrow. *Chinese better-than-expected economic data and economic stimulus package help to buoy Kiwi’s strength. The New Zealand dollar (NZD), commonly referred to as the Kiwi, has maintained robust performance, trading near its monthly high against major currency peers asContinue Reading
European Markets Rally on Trade Optimism, but Growth Concerns Linger
Written on May 27, 2025 at 3:59 am, by pumarketings
Key Takeaways: *The euro appreciates while the European equity market gains on trade optimism. *Stable eurozone economic indicators, including inflation data, may help the euro replace the U.S. dollar as the global trade currency. European equity markets closed higher on May 26, 2025, propelled by optimism surrounding improved Euro-U.S. trade relations. The announcement of aContinue Reading
