A Market Carried by The Magnificent 7 Stocks - And Why the Next Cycle Will Look Different

Capital investment is essential for economic growth. When companies reinvest in infrastructure, technology, and productivity, the effects multiply throughout the economy. This reinvestment leads to higher GDP, stronger corporate revenues, and improved fiscal outcomes. These outcomes include expanded tax receipts and reduced borrowing needs.

The S&P 500 surged 6.2%—its best May in 34 years.