Gate Ventures

The afterwave of One Big Beautiful Bill Act will lead to a relief in fiscal tightening and a more manageable Treasury liquidity. The One Big Beautiful Bill Act will help avoid the drag on the economy caused by fiscal tightening. With improved government credit, although the overall fiscal expansion is limited, fiscal momentum in 2025H2 is expected to improve to 0.6% compared to the low base in H1. Private credit is likely to restart, with traditional private sector demand, such as real estate, r

One Big Beautiful Bill Act was officially signed in the White House, bringing $4.1 trillion deficits between 2025 and 2034. According to estimates by the Congressional Budget Office, the One Big Beautiful Bill Act will result in a net increase of approximately $3.4tn in the federal deficit between 2025 and 2034. When an additional $0.7tn in new interest expenses is factored in, the deficit increase will rise to about $4.1tn. On the other hand, the CBO projects that tariffs could potentially gen

The US dollar index continues to fall, but the stock market remains strong, as the relationship between the top is neither linear nor one-way. The performance of the equity market is relatively independent of the US dollar. A weaker dollar does not necessarily mean a decline in the US stock market, nor does a decline in the stock market necessarily lead to a weaker dollar. The key reason is that, the US dollar index reflects the relative growth differential between the US and other countries, t