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Tax Accounting

Wall Street Mojo

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2023 Third Quarter Review & Commentary

FineMark

Impacted industry labor groups include Hollywood screenwriters, Teamsters, and auto workers (the latter’s strike activity successfully hobbled America’s Big Three auto manufacturers: General Motors, Stellantis (formerly known as Fiat Chrysler), and Ford Motor Company. In these cases, moving manufacturing nearer to the United States (e.g.,

S&P 52
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2022 Fourth Quarter Review & Commentary

FineMark

This trend is clearly evidenced in the United States by the passage of the Chips and Science Act in August 2022, a policy that advances domestic manufacturing of semiconductors. The phenomenon is likely to play out over several years with various ramifications, including valuations.