Financial markets experienced intense turbulence last week after President Trump’s broad "Liberation Day" tariffs prompted a swift 34% retaliation from China and countermeasures from the European Union (excluding Hungary). The S&P 500 endured six consecutive…

In this week's global economic update (Week 17, 2025), we break down the key drivers behind the recent surge in market volatility, from President Trump’s sweeping tariffs to China’s sharp retaliation and the EU’s response. We also discuss how central banks…

As of April 19, 2025, around 12% of S&P 500 companies have reported their first-quarter earnings. So far, approximately 71% have exceeded EPS expectations, slightly under the five-year average of 77%. Overall earnings growth is tracking at 7.2% year-over…