From the US GDP turning negative to a recovering market after tariff tensions, there is never a shortage of issues to discuss in 2025’s economic landscape.  Walter shares his insight in May’s First Week video, explaining the data behind the headlines and sharing what to watch over the next month.

In this month’s video:

• US Economic Outlook: The newest numbers show US GDP contracting in the first quarter, but do those numbers take into account the inventory changes brought by tariffs? 
• Congress Tackles Taxes: Representatives are working on a reconciliation bill to extend or enhance the tax provisions that are due to expire. 
• Tariff Ripple Effect: While most of the tariffs announced on April 2 have been pulled back, we are essentially at a trade embargo with China, which could impact the economy in far-reaching ways.