This Explains Everything

Our favorite take on one of the most important developments of the last two weeks

House and Senate advance competing budget instructions for tax reform

House and Senate Republicans advanced budget resolutions last week that include reconciliation procedures that would pave the way for tax reform later this year. While reconciliation is seen as key to tax reform passage, both legislative bodies must agree on a unified budget resolution before the reconciliation instructions become effective. 

Grant Thornton, October 10, 2017

The Ways and the Means

The latest analysis on regulatory, policy, and legislative process, and when it’s happening

E.P.A. announces repeal of major Obama-era carbon emissions rule

The Trump administration announced it would take formal steps to repeal President Obama’s signature policy to curb greenhouse gas emissions from power plants, setting up a bitter fight over the future of America’s efforts to tackle global warming.

The New York Times, October 9, 2017

GOP promises continued push on health-care rollback after collapse

Republicans say repeal will happen by 2019, as Trump signals a separate effort that could include Democrats.

The Wall Street Journal, September 27, 2017

Yellen says Fed is working on tailoring regulations to bank size

The U.S. central bank has been working to ensure that regulations are tailored to the size, complexity and roles of the lenders it oversees.

Bloomberg, October 4, 2017

How Grant Thornton Can Help

Whether navigating market and regulatory changes, or trying to better prepare for your future business environment, Grant Thornton is ready to help you develop innovative and practical solutions.

Follow The Leading Indicators

A macro look at what’s impacting markets, trade, labor, and the environment

Trump speaks and a $3.8 trillion market hears an existential threat

The idea that states could stiff investors spooks Wall Street.

Bloomberg, October 4, 2017

The bull market in everything: Asset prices are high across the board. Is it time to worry?

With ultra-loose monetary policy coming to an end, it is best to tread carefully.

The Economist, October 7, 2017

Trump is fighting an open war on trade. His stealth war on trade may be even more important.

The future of the world trading system is at stake thanks to an impasse in Geneva over the appointment of members of the Appellate Body of the World Trade Organization.

The Washington Post, September 27, 2017

Industry Impact

What’s moving in industry, especially pharma, tech, energy, finance, and manufacturing

Failing or doing fine? How Obamacare’s marketplaces are shaping up for 2018

Here’s how the 2018 map changed as companies waffled about whether to expand, remain or exit.

Bloomberg, October 4, 2017

Holiday season could be chilly for traditional retailers’ shares

Consumers’ preference for e-commerce is likely to keep pressure on retail stocks.

The Wall Street Journal, October 10, 2017

Take back control

How digital devices challenge the nature of ownership, and threaten property rights in the digital age.

The Economist, September 30, 2017

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