The S&P 500 (SPX) faces weak fiscal flows and back-to-back tax drains, signaling a high probability of near-term downward pressure. Federal outlays have sharply decreased, producing a 'red ...

Fiscal policy is the dominant market driver into 2025–26, but liquidity momentum is fading, raising volatility and downside ...

Budget 2025 saw the federal government use public investment to boost growth amid a trade war, but this strategy poses fiscal ...