Magnetic North Financial: Inflation and OBBBA

Hello Friends,

My CPA sent me the official guidebook for key tax provisions that will change due to the One Big Beautiful Bill Act.

If you want a copy, it is only nine pages.

On another subject:

There is a lot of pressure for the Federal Reserve chair to resign before his term ends in May 2026. Will Powell (Fed Chair) cave to pressure from Trump?

If Powell goes, my bet is inflation will rise overtime, but in the short-term interest rates will drop sharply.

One thing is for sure: a President vs Fed Chair fight is popcorn-worthy.

Cheers

Chris

Disclaimer: This is not tax advice I am not an accountant or offering you tax guidance refer to your own CPA for guidance.

Christopher R Lakian

Owner, Portfolio Manager, AIF

Magnetic North Financial LLC

3003 Dunes West Blvd Suite 29

Mt Pleasant SC 29466

Main Number: 843-353-0313

Cell: 843-737-6060

Global Relay Secure Text: 843-428-7827

Website: www.MagneticNorthFinancial.com

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