5/20/2025 - If Congress Doesn’t Pass a Tax Cut How Will the Market React? Moody’s Downgraded the U.S.’s Credit, What Does This Mean for Bonds and the Economy?
Phil, Mike, and Larry discuss the five Republican hard-liners who voted against President Trump’s massive tax cut bill, called the Big Beautiful Bill, and what the market’s reaction will be if there is no tax cut. Also last week, Moody’s Ratings Agency downgraded the United States’ credit a notch to Aa1 from the highest rating, triple A. It cited the government’s massive budget deficit amid high interest rates, which is higher than similarly rated sovereigns. They then talk about what this means for the bond market and the economy in general.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.
20/5/2025
7:12
5/13/2025 - China and the U.S. Agreed to Roll Back Tariffs, What Does This Mean for the Economy? What’s Your View on the Court of International Trade Arguing the Legality of the Tariffs?
Phil, Mike, and Larry talk about the U.S. and China agreeing to roll back the tariffs for a 90-day period, what this means for the economy, and what happens after 90 days. They then discuss the hearings today in the Court of International Trade in New York, which will hear arguments about the legality of Trump’s tariffs.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.
20/5/2025
7:58
5/6/2025 - Why Is the Stock Market Doing So Well? In Light of the Jobs Report, What Do You Think the Fed Will Do This Week?
Phil, Mike, and Larry talk about the S&P 500’s tremendous bounce back from its April lows and why it’s doing so well even as gross domestic product fell. They then discuss the stronger-than-expected job growth in April — which eased concerns about tariffs and caused the yield on the 10-year U.S. Treasury bond to rise – and what they expect the Federal Reserve will do at its meeting this week.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.
06/5/2025
11:22
4/29/2025 - Does the S&P 500’s 11% Rebound Mean the Worst Is Over? Consumer Sentiment Fell Sharply and Inflation Expectations Are Very High, Why Is the Market Rising?
Phil, Mike, and Larry talk about the S&P 500’s 11% rebound and whether this means the worst is over and we’ve seen the market’s bottom or if we should expect more downside. They then discuss why the markets are rising even though U.S. consumer sentiment in April fell to one of the lowest readings on record, 52.2 from 57 a month ago, and inflation expectations are the highest since 1981.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.
29/4/2025
11:07
4/22/2025 - BlackRock’s Larry Fink Says the U.S. Is Already in a Recession, Is He Right? How Would the Markets React If Fed Chair Jerome Powell Is Fired?
Phil, Mike, and Larry discuss if they agree with Larry Fink, who said the U.S. is already in a recession. Fink is the CEO of Blackrock, the world’s largest asset manager. Then they talk about President Trump’s desire to fire Federal Reserve Chairman Jerome Powell and how that will affect the markets.Submit your questions to question@2questiontuesday.comAs always, if you have any questions at any time, please feel free to call your adviser directly at (845) 691-4035.
About 2 Question Tuesday Presented by Focused Wealth Management
Every Tuesday, Managing Director Philip DeAngelo and Director of Financial Planning Michael Passante answer two questions sent in by clients of Focused Wealth Management. Topics can include financial markets, current events, and financial planning. If you have a question, send us an email at question@2questiontuesday.com for a chance to have your question answered on air!
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