Market Resilience Tested as Trade War Tensions Escalate
The S&P 500's 13% surge in 2025 masks underlying fragility as revised jobs data reveals slowing hiring momentum and persistent inflationary pressures. Tariff-driven revenue of $195 billion has done little to alleviate the economic strain on American consumers, who bear the brunt of these policies.
Trade war escalations with China coincide with historically elevated equity valuations, creating a precarious environment for risk assets. Cryptocurrencies may benefit from this macroeconomic uncertainty as investors seek alternative stores of value.