May 2025
Summary
April proved to be one of the most turbulent months for global financial markets in recent memory. On April 2—referred to as “Liberation Day”—President Donald Trump announced broad-based tariffs on all major U.S. trading partners, triggering a sharp sell-off in global equities, and US bonds. The resulting market downturn was the most severe since the pandemic-driven crash of 2020.
View full commentary:
Comments are closed