4 notes this afternoon.
1. The markets are still holding gains this afternoon.
2. It’s been an up and down week with record ups on Wednesday and a down day Thursday. If gains hold today it will be an up week in the market.
3. Long term bond yields are up this week with the 10 year near 4.56%.
4. Long term we will need a detente of sorts with China. We hope.
U.S. Legislative and Fiscal Developments
June 30, 2025
10:34 am
The budget bill is set for broad Senate discussions today. The bill passed one Senate