Jacobsen: ‘Big Beautiful Bill’ Needs to Kick In, 3 Rate Cuts Before 2025
Schwab Network · Schwab Network
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Show Notes
Brian Jacobsen wants to see the ‘Big Beautiful Bill’ actually start improving the economy. He discusses how tariffs have been impacting earnings and the “drip-feed” of inflation consumers are facing. “The typical moat that you look for businesses to have” is even more valuable right now, Brian argues, allowing companies more bargaining power with suppliers and a greater ability to absorb costs. He thinks we will see 3 rate cuts before the end of the year.
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