A narrow path to clear skies | Week #17 | Apr 21, 2025

The Fed’s patience, China’s countermoves, and a market walking on eggshells—here’s what mattered and what’s next.

🔴 S&P 500: -1.53% | 🔴 NASDAQ: -2.69% | 🔴 Dow Jones: -2.73%

Markets hate uncertainty—and this week, they got a full serving of it.

President Trump’s 145% tariff on Chinese imports set off more than just trade alarms. It jolted investors back into risk-off mode, reviving fears of a global economic slowdown just as the Fed signaled it won’t be riding to t…