Macro / Misc.

We doubt that legislation introduced yesterday by State Rep. Roger Wilder (R) to increase the sports Gross Gaming Revenue (GGR) tax from 15% to 51% in Louisiana will be passed in the special session, which…

Congress is back next week for the lame duck session and there is a laundry list of items that various constituencies would like to see enacted. Meanwhile, it still looks like the Republicans will maintain…

A Trump victory has wide ramifications for taxes, trade, M&A as well as for many various sectors like healthcare, infrastructure, consumer, and others. Republicans have won back the Senate and, as of publication, the House…

We continue to believe Trump has the slightest of edges in the election. The GOP is likely to win three Senate seats, giving them a 52-48 advantage, and the House is very close with a…

We continue to expect that a Massachusetts ballot measure affecting Uber (UBER) and Lyft (LYFT) is very likely to pass, but we believe it shows that the gig companies are winning the regulatory battle.    Meanwhile,…

As we head into the last few days of the 2024 election, we continue to believe that former President Donald Trump has a slight edge over Vice President Kamala Harris. We see the Republicans picking…

We believe that the most bearish views on fiscal policy and deficit implications of the various election scenarios are unlikely to come to fruition. In short, even if the bond market doesn’t keep a check…

While the main focus of the upcoming lame duck session, beginning Nov. 12, is for Congress to address a FY25 government funding bill, we count no fewer than 15 other issues impacting the financial markets…

While the presidential race is basically a tossup, we recently moved our odds to slightly favor Trump (see note here). With that in mind, we offer a comprehensive list of potential candidates for key Cabinet…

While the outcome of the presidential election hovers around the 50/50 mark, we are moving our odds from a slight advantage for Vice President Kamala Harris to one for Donald Trump. Republicans are very likely…