In this video, Chief Equity Strategist Jim Lebenthal examines recent market volatility, tariffs, and DOGE layoffs in the context of broader economic fundamentals. Are we headed for a recession, or will positive tailwinds, including potential interest rate cuts and a projected 10% growth in the S&P 500, lead to continued growth?

Key points:

Volatile 2025 Q1

New policies from Washington, D.C.

Unfavorable stock market response

Market correction (drop of 10% or more from peak to trough)

Strong profit picture growth

10% projected S&P 500 growth in 2025

Good environment for companies

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