Can Q3 Earnings Fuel a New Rally in "Mag 7" ETFs?
The third-quarter earnings season is underway, and the so-called “Magnificent 7" companies are in focus. The “Mag 7,” the stock market darlings in the first half of 2024, lost their steam in recent...
The Buyback Tax Could Boost S&P 500 Heading Into the Fall
The Inflation Reduction Act calls for a 1% tax on share repurchases. Should the legislation get approval from the House of Representatives on Aug. 12, accelerated buybacks could become the norm in the...