CB3 MONTHLY UPDATE, Ep. 49: Friday, May 2, 2025

In this APR/MAY Monthly update, Charles Brown (aka CB3) recaps the sharp volatility triggered by sweeping US tariffs, with the S&P 500 and Dow posting their third straight monthly declines, despite a late-month recovery, as the Nasdaq eked out a small gain. We break down the key drivers: trade policy uncertainty, a surprise GDP contraction, and S&P 500 sector swings. Then CB3 previews the challenges ahead for May, including persistent inflation, cautious Fed policy, and ongoing global trade tensions. All these are likely to keep markets on edge. Tune in for insights on navigating heightened volatility and what to watch as investors brace for another unpredictable month.