What 100 years of stock-market crashes tells us about the S&P 500’s stunning tariff comeback

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What 100 years of stock-market crashes tells us about the S&P 500’s stunning tariff comeback

AIMPWA

May 2, 2025

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Strategists at BNP Paribas have conducted another deep-dive into the past 100 years of equity-market crashes—and they’re now offering an explanation that helps better frame this week’s impressive rebound in U.S. stocks and Friday’s aggressive Treasury selloff.

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