According to BlockBeats, the S&P 500 index has surged nearly 30% since April, when concerns over U.S. tariff policies peaked. This increase reflects growing investor confidence that the United States will reach compromises with key trade partners. Recent data also indicates that the U.S. economy remains resilient, with market sentiment bolstered by leading tech companies continuing to invest heavily in artificial intelligence.
UBS Wealth Management's Chief Investment Office cautions that the recent sharp rise has already factored in many potential positive developments, advising investors to prepare for possible market volatility in the coming weeks. While increased certainty in U.S.-EU trade relations may encourage the market, U.S. tariffs remain approximately six times higher than pre-Liberation Day levels. The economic impact of these tariffs is becoming apparent, with ongoing uncertainty regarding their scale, distribution, and secondary effects. The economic impact at the industry level may be more significant than at the national level.