S&P Erases YTD Losses As ‘Policy Uncertainty’ Plunges

May 13, 2025

S&P Erases YTD Losses As ‘Policy Uncertainty’ Plunges

Presented with little comment, but worth a quick note…

Following yet another decline in CPI (but but but tariffs are inflationary), the S&P joined the Nasdaq 100 in the green year-to-date, erasing all of the panic-puke, ‘end of the world’ prognostication from the mainstream media and establishment

It’s different this time – ish…

Everybody was screaming about how squeezed trump was…

But, we highlighted something that happened the very next day…

Chinese Delegation Spotted Entering Treasury Department, Demands Photos Be Deleted: Report https://t.co/CRh07l2K1Z

— zerohedge (@zerohedge) April 25, 2025

…and sure enough…

And… we were right https://t.co/xi9xpNsPrO pic.twitter.com/Ncpr2a3AcI

— zerohedge (@zerohedge) May 13, 2025

The reflexive nature of global market pain leading to geopolitical negotiations appears to have won out once again as “Uncertainty” around US trade policy has plunged …

…erasing all of the post-Liberation Day spike.

So what will happen to all those CEOs whose sentiment had collapsed to a lower level than at the peak (trough) of COVID? With uncertainty evaporating, will they all be exuberant?

Maybe, just maybe, just maybe, it’s time to ignore the surveys, ignore the propaganda being pumped out non-stop, and watch the hard data…

Chuck Schumer claims Trump caved to the CCP, and China has “gotten the better of Donald Trump.”

America is winning. Cope harder, Chuck. pic.twitter.com/tp4ZTvXx8m

— Julia 🇺🇸 (@Jules31415) May 13, 2025

Believe the old man yelling or your lying eyes – if, according to all the mainstream media, China would not engage in trade talks without complete tariff surrender… then who “capitulated”.

Tyler Durden
Tue, 05/13/2025 – 10:23

https://www.zerohedge.com/markets/aaaaand-its-gone

S&P Erases YTD Losses As ‘Policy Uncertainty’ Plunges <body> <h1> Array ( [0] => a&p erases ytd losses as ‘policy uncertainty’ plunges [1] => z&p erases ytd losses as ‘policy uncertainty’ plunges [2] => x&p erases ytd losses as ‘policy uncertainty’ plunges [3] => d&p erases ytd losses as ‘policy uncertainty’ plunges [4] => e&p erases ytd losses as ‘policy uncertainty’ plunges [5] => w&p erases ytd losses as ‘policy uncertainty’ plunges [6] => s&zmp;p erases ytd losses as ‘policy uncertainty’ plunges [7] => s&smp;p erases ytd losses as ‘policy uncertainty’ plunges [8] => s&wmp;p erases ytd losses as ‘policy uncertainty’ plunges [9] => s&qmp;p erases ytd losses as ‘policy uncertainty’ plunges [10] => s&anp;p erases ytd losses as ‘policy uncertainty’ plunges [11] => s&akp;p erases ytd losses as ‘policy uncertainty’ plunges [12] => s&ajp;p erases ytd losses as ‘policy uncertainty’ plunges [13] => s&amo;p erases ytd losses as ‘policy uncertainty’ plunges [14] => s&aml;p erases ytd losses as ‘policy uncertainty’ plunges [15] => s&am-;p erases ytd losses as ‘policy uncertainty’ plunges [16] => s&am0;p erases ytd losses as ‘policy uncertainty’ plunges [17] => s&o erases ytd losses as ‘policy uncertainty’ plunges [18] => s&l erases ytd losses as ‘policy uncertainty’ plunges [19] => s&- erases ytd losses as ‘policy uncertainty’ plunges [20] => s&0 erases ytd losses as ‘policy uncertainty’ plunges [21] => s&p wrases ytd losses as ‘policy uncertainty’ plunges [22] => s&p srases ytd losses as ‘policy uncertainty’ plunges [23] => s&p drases ytd losses as ‘policy uncertainty’ plunges [24] => s&p rrases ytd losses as ‘policy uncertainty’ plunges [25] => s&p 4rases ytd losses as ‘policy uncertainty’ plunges [26] => s&p 3rases ytd losses as ‘policy uncertainty’ plunges [27] => s&p eeases ytd losses as ‘policy uncertainty’ plunges [28] => s&p edases ytd losses as ‘policy uncertainty’ plunges [29] => s&p efases ytd losses as ‘policy uncertainty’ plunges [30] => s&p etases ytd losses as ‘policy uncertainty’ plunges [31] => s&p e5ases ytd losses as ‘policy uncertainty’ plunges [32] => s&p e4ases ytd losses as ‘policy uncertainty’ plunges [33] => s&p erzses ytd losses as ‘policy uncertainty’ plunges [34] => s&p ersses ytd losses as ‘policy uncertainty’ plunges [35] => s&p erwses ytd losses as ‘policy uncertainty’ plunges [36] => s&p erqses ytd losses as ‘policy uncertainty’ plunges [37] => s&p eraaes ytd losses as ‘policy uncertainty’ plunges [38] => s&p erazes ytd losses as ‘policy uncertainty’ plunges [39] => s&p eraxes ytd losses as ‘policy uncertainty’ plunges [40] => s&p erades ytd losses as ‘policy uncertainty’ plunges [41] => s&p eraees ytd losses as ‘policy uncertainty’ plunges [42] => s&p erawes ytd losses as ‘policy uncertainty’ plunges [43] => s&p erasws ytd losses as ‘policy uncertainty’ plunges [44] => s&p erasss ytd losses as ‘policy uncertainty’ plunges [45] => s&p erasds ytd losses as ‘policy uncertainty’ plunges [46] => s&p erasrs ytd losses as ‘policy uncertainty’ plunges [47] => s&p eras4s ytd losses as ‘policy uncertainty’ plunges [48] => s&p eras3s ytd losses as ‘policy uncertainty’ plunges [49] => s&p erasea ytd losses as ‘policy uncertainty’ plunges [50] => s&p erasez ytd losses as ‘policy uncertainty’ plunges [51] => s&p erasex ytd losses as ‘policy uncertainty’ plunges [52] => s&p erased ytd losses as ‘policy uncertainty’ plunges [53] => s&p erasee ytd losses as ‘policy uncertainty’ plunges [54] => s&p erasew ytd losses as ‘policy uncertainty’ plunges [55] => s&p erases ttd losses as ‘policy uncertainty’ plunges [56] => s&p erases gtd losses as ‘policy uncertainty’ plunges [57] => s&p erases htd losses as ‘policy uncertainty’ plunges [58] => s&p erases utd losses as ‘policy uncertainty’ plunges [59] => s&p erases 7td losses as ‘policy uncertainty’ plunges [60] => s&p erases 6td losses as ‘policy uncertainty’ plunges [61] => s&p erases yrd losses as ‘policy uncertainty’ plunges [62] => s&p erases yfd losses as ‘policy 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losses as ‘polic7 uncertainty’ plunges [158] => s&p erases ytd losses as ‘polic6 uncertainty’ plunges [159] => s&p erases ytd losses as ‘policy yncertainty’ plunges [160] => s&p erases ytd losses as ‘policy hncertainty’ plunges [161] => s&p erases ytd losses as ‘policy jncertainty’ plunges [162] => s&p erases ytd losses as ‘policy incertainty’ plunges [163] => s&p erases ytd losses as ‘policy 8ncertainty’ plunges [164] => s&p erases ytd losses as ‘policy 7ncertainty’ plunges [165] => s&p erases ytd losses as ‘policy ubcertainty’ plunges [166] => s&p erases ytd losses as ‘policy umcertainty’ plunges [167] => s&p erases ytd losses as ‘policy ujcertainty’ plunges [168] => s&p erases ytd losses as ‘policy uhcertainty’ plunges [169] => s&p erases ytd losses as ‘policy unxertainty’ plunges [170] => s&p erases ytd losses as ‘policy unvertainty’ plunges [171] => s&p erases ytd losses as ‘policy unfertainty’ plunges [172] => s&p erases ytd losses as ‘policy undertainty’ plunges [173] => s&p erases ytd losses as ‘policy uncwrtainty’ plunges [174] => s&p erases ytd losses as ‘policy uncsrtainty’ plunges [175] => s&p erases ytd losses as ‘policy uncdrtainty’ plunges [176] => s&p erases ytd losses as ‘policy uncrrtainty’ plunges [177] => s&p erases ytd losses as ‘policy unc4rtainty’ plunges [178] => s&p erases ytd losses as ‘policy unc3rtainty’ plunges [179] => s&p erases ytd losses as ‘policy unceetainty’ plunges [180] => s&p erases ytd losses as ‘policy uncedtainty’ plunges [181] => s&p erases ytd losses as ‘policy unceftainty’ plunges [182] => s&p erases ytd losses as ‘policy uncettainty’ plunges [183] => s&p erases ytd losses as ‘policy unce5tainty’ plunges [184] => s&p erases ytd losses as ‘policy unce4tainty’ plunges [185] => s&p erases ytd losses as ‘policy uncerrainty’ plunges [186] => s&p erases ytd losses as ‘policy uncerfainty’ plunges [187] => s&p erases ytd losses as ‘policy uncergainty’ plunges [188] => s&p erases ytd losses as ‘policy unceryainty’ plunges [189] => s&p erases ytd losses as ‘policy uncer6ainty’ plunges [190] => s&p erases ytd losses as ‘policy uncer5ainty’ plunges [191] => s&p erases ytd losses as ‘policy uncertzinty’ plunges [192] => s&p erases ytd losses as ‘policy uncertsinty’ plunges [193] => s&p erases ytd losses as ‘policy uncertwinty’ plunges [194] => s&p erases ytd losses as ‘policy uncertqinty’ plunges [195] => s&p erases ytd losses as ‘policy uncertaunty’ plunges [196] => s&p erases ytd losses as ‘policy uncertajnty’ plunges [197] => s&p erases ytd losses as ‘policy uncertaknty’ plunges [198] => s&p erases ytd losses as ‘policy uncertaonty’ plunges [199] => s&p erases ytd losses as ‘policy uncerta9nty’ plunges [200] => s&p erases ytd losses as ‘policy uncerta8nty’ plunges [201] => s&p erases ytd losses as ‘policy uncertaibty’ plunges [202] => s&p erases ytd losses as ‘policy uncertaimty’ plunges [203] => s&p erases ytd losses as ‘policy uncertaijty’ plunges [204] => s&p erases ytd losses as ‘policy uncertaihty’ plunges [205] => s&p erases ytd losses as ‘policy uncertainry’ plunges [206] => s&p erases ytd losses as ‘policy uncertainfy’ plunges [207] => s&p erases ytd losses as ‘policy uncertaingy’ plunges [208] => s&p erases ytd losses as ‘policy uncertainyy’ plunges [209] => s&p erases ytd losses as ‘policy uncertain6y’ plunges [210] => s&p erases ytd losses as ‘policy uncertain5y’ plunges [211] => s&p erases ytd losses as ‘policy uncertaintt’ plunges [212] => s&p erases ytd losses as ‘policy uncertaintg’ plunges [213] => s&p erases ytd losses as ‘policy uncertainth’ plunges [214] => s&p erases ytd losses as ‘policy uncertaintu’ plunges [215] => s&p erases ytd losses as ‘policy uncertaint7’ plunges [216] => s&p erases ytd losses as ‘policy uncertaint6’ plunges [217] => s&p erases ytd losses as ‘policy uncertaintyᰱ plunges [218] => s&p erases ytd losses as ‘policy uncertainty&#u217; plunges [219] => s&p erases ytd losses as ‘policy uncertainty&#i217; plunges [220] => s&p erases ytd losses as ‘policy uncertainty␁ plunges [221] => s&p erases ytd losses as ‘policy uncertainty᾵ plunges [222] => s&p erases ytd losses as ‘policy uncertainty&#8q17; plunges [223] => s&p erases ytd losses as ‘policy uncertainty&#8w17; plunges [224] => s&p erases ytd losses as ‘policy uncertainty⁽ plunges [225] => s&p erases ytd losses as ‘policy uncertainty‣ plunges [226] => s&p erases ytd losses as ‘policy uncertainty&#82q7; plunges [227] => s&p erases ytd losses as ‘policy uncertainty‘ plunges [228] => s&p erases ytd losses as ‘policy uncertainty&#821y; plunges [229] => s&p erases ytd losses as ‘policy uncertainty&#821u; plunges [230] => s&p erases ytd losses as ‘policy uncertainty‚ plunges [231] => s&p erases ytd losses as ‘policy uncertainty’ olunges [232] => s&p erases ytd losses as ‘policy uncertainty’ llunges [233] => s&p erases ytd losses as ‘policy uncertainty’ -lunges [234] => s&p erases ytd losses as ‘policy uncertainty’ 0lunges [235] => s&p erases ytd losses as ‘policy uncertainty’ pkunges [236] => s&p erases ytd losses as ‘policy uncertainty’ ppunges [237] => s&p erases ytd losses as ‘policy uncertainty’ pounges [238] => s&p erases ytd losses as ‘policy uncertainty’ plynges [239] => s&p erases ytd losses as ‘policy uncertainty’ plhnges [240] => s&p erases ytd losses as ‘policy uncertainty’ pljnges [241] => s&p erases ytd losses as ‘policy uncertainty’ plinges [242] => s&p erases ytd losses as ‘policy uncertainty’ pl8nges [243] => s&p erases ytd losses as ‘policy uncertainty’ pl7nges [244] => s&p erases ytd losses as ‘policy uncertainty’ plubges [245] => s&p erases ytd losses as ‘policy uncertainty’ plumges [246] => s&p erases ytd losses as ‘policy uncertainty’ plujges [247] => s&p erases ytd losses as ‘policy uncertainty’ pluhges [248] => s&p erases ytd losses as ‘policy uncertainty’ plunfes [249] => s&p erases ytd losses as ‘policy uncertainty’ plunves [250] => s&p erases ytd losses as ‘policy uncertainty’ plunbes [251] => s&p erases ytd losses as ‘policy uncertainty’ plunhes [252] => s&p erases ytd losses as ‘policy uncertainty’ plunyes [253] => s&p erases ytd losses as ‘policy uncertainty’ pluntes [254] => s&p erases ytd losses as ‘policy uncertainty’ plungws [255] => s&p erases ytd losses as ‘policy uncertainty’ plungss [256] => s&p erases ytd losses as ‘policy uncertainty’ plungds [257] => s&p erases ytd losses as ‘policy uncertainty’ plungrs [258] => s&p erases ytd losses as ‘policy uncertainty’ plung4s [259] => s&p erases ytd losses as ‘policy uncertainty’ plung3s [260] => s&p erases ytd losses as ‘policy uncertainty’ plungea [261] => s&p erases ytd losses as ‘policy uncertainty’ plungez [262] => s&p erases ytd losses as ‘policy uncertainty’ plungex [263] => s&p erases ytd losses as ‘policy uncertainty’ plunged [264] => s&p erases ytd losses as ‘policy uncertainty’ plungee [265] => s&p erases ytd losses as ‘policy uncertainty’ plungew ) </h1> </body>