U.S. Capitol Building in the Summer

July 2025 Economic & Market Outlook

03:28

The financial markets seem to be sending us a message about presidential policies and the “Big, Beautiful Bill.” Jim Lebenthal explores what they might be saying.

Key Takeaways:

  • Strong financial markets

  • Equity markets nearing all-time high

  • Interest rates measuring at 4.3%

  • Commodities prices are muted

  • Atlanta Fed GDP forecast for Q2 at 3.4%

  • Unemployment at 4.2%

  • Two rate cuts by the Fed expected