Market and Politics Report- May 2025
Market and Politics Report- May 2025 An extremely eventful month for the markets, Washington, and trade. From trade deals, overseas trips, to the passage of the "one-big-beautiful bill" in the house, May was by far a pretty action-packed month. To recap the earlier parts of the month, the Fed kept rates steady, at 4.25-4.50%, and the US made trade deals with the UK, as well as China. The Fed's news about the stabilization of the economy, in contrast to earlier activity in April because of the US tariffs, kept the major indexes and markets steady. Then with the major trade deals with the UK and China brokered by the Trump Administration, markets spiked, returning to pre-tariff levels once again. Also, CPI data for April came in early May at 2.3%, lower than expected. This helped to ease some consumer fears of recession and higher prices long-term. From May 13 to May 16, President Trump and various Fortune 500 CEO's, including Jensen Huang (NVDA) and Lisa Su (AMD), ...