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On Friday, the stock market closed down making May the worst month for stocks this year. The Standard & Poor’s 500 stock index closed at 2,752, down from the historic highs hit toward the end of April.
And, with the growing threat of major tariff changes, the probability that there will be further declines increases.
How the Federal Reserve will respond to this changing environment, to me, is the big question. Investors have raised this issue in the past, but, during the current recovery, the Fed has always responded in a way that convinced market