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April 8, 2025

Living and Investing in a Time of Uncertainty - Note Two


We hadn’t expected to need Note Two in this series on the journey from Not Knowing to Knowing quite so soon. However, last week's announcement of sweeping tariffs on nearly all countries—and the initial retaliatory responses—have triggered a sharp reaction in the markets. Stock prices have dropped significantly, and the S&P 500 Index has now erased all of its gains from this time last year. The interesting journey continues. Read along for additional insight from the Piedmont Investment Team.