Markets are wavering after hitting record highs on the S&P 500 and NASDAQ just yesterday—a common theme in 2025. Now, tariff concerns are creeping back in, adding pressure. The big focus is tomorrow’s Federal Reserve meeting, where a 25 basis point rate cut is expected. But the big question is: what comes next? With consumer strength fading, job losses mounting, and hiring slowing down, investors are starting to worry about the second half of the year.
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