Blog

As we pass the mid point of 2025 I think it is not a stretch to say the markets have been on quite a ride this year. Early optimism turned to sharp pullbacks as the “Liberation Day” tariff announcement on April 2 nd sparked widespread pullbacks in Markets across the globe. The S&P 500 officially entered “bear market” territory on April 3 rd before making a low on April 7 th . This was a 21% drop from the previous all-time high on Feb. 19 th . The recovery from this point has been phenomenal. According to Charlie Bilello this is the second fastest recovery since the 1950’s. Only the 1982 drop reached new All-time highs faster which was within 2 months.