Macro / Misc. (with Dylan)

In light of the weighty sports betting tax hike in Illinois over the weekend and the modest increase in Maryland last week, investors should continue to expect tax hikes in various states offset at times…

The SNAP/food stamp program has been of focus lately as various states have filed for SNAP benefit waivers, and one, Nebraska, was granted approval for one. In addition, Republicans are looking to cut SNAP as…

We view the IRA green energy tax credits in the House Ways and Means Committee as a worst-case scenario. We believe that, in aggregate, these tax breaks won’t get worse when the Senate cobbles together…