According to online reports, Gene Goldman, chief investment officer of Cetera Investment Management, said on the passage of the "Big and Beautiful" bill: The bill provides clear benefits for businesses and families, and these benefits often support corporate profits and stock prices. We will ignore the fact that the Congressional Budget Office expects the bill to add approximately $3 to $3.4 trillion to debt over the next decade. (The bill) may require larger Treasury issues, which has triggered caution in bond markets, as evidenced by the rise in bond yields. In addition, these higher deficits could push up inflation expectations. From the perspective of the equity industry, cyclical industries are expected to benefit, particularly energy companies (removal of green energy subsidies), industrial companies (increased infrastructure spending), the financial industry (reduced uncertainty, general deregulation, and steeping yield curve), and the consumer goods industry (lower taxes).