$S&P 500(.SPX)$ In what could be one of the most consequential pieces of U.S. legislation in years, the so-called “Big Beautiful Bill” passed through Congress this week and is headed to the president’s desk for signature. The bill—championed by President Donald Trump—promises sweeping economic changes with wide-ranging implications for U.S. consumers, corporations, and investors. While some pundits are already calling it a historic milestone, others warn of potential unintended consequences. For market participants, the question now is clear: What does the Big Beautiful Bill mean for the economy, the stock market, and key industries? Let’s unpack the legislation, analyze the implications for growth, inflation, monetary policy, and earnings, an