“The Big Beautiful Bill,” Wall Street Records & Equity Index Annuities

This week’s Money Wise episode dives into another record-setting week on Wall Street, with the S&P 500 and NASDAQ closing at new all-time highs, while the Dow still lags behind. The team recaps the weekly gains, Dow up 1.3%, S&P up 1.5%, and NASDAQ up 1%, and emphasizes that, despite the headlines, only 8% of S&P 500 companies are trading at their 52-week highs, highlighting untapped opportunity beneath the surface. In the second half of the show, the guys tackle the importance of active management, especially in a market dominated by the Magnificent 7 tech stocks. They also take a closer look at the "big beautiful bill" and push back on the doom-and-gloom narratives often echoed by the financial entertainment press.

“The Big Beautiful Bill”

In this week’s episode, the Money Wise guys also revisit the long-awaited “big beautiful bill,” highlighting how its recent passage could have meaningful economic implications. While details are still emerging, the legislation is expected to unlock further momentum for deregulation efforts and potentially stimulate business investment. The crew points out that much of the financial press hasn’t fully explored how this bill may impact markets, particularly when it comes to the broader economic growth narrative. With Wall Street already climbing, the bill could add another layer of tailwind, especially for sectors poised to benefit from reduced red tape and pro-growth initiatives.

In the second hour, the Money Wise guys discuss Equity Index Annuities. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.