Note: The blurriness for the first thirty seconds was a laptop camera issue, not an issue on your device, and it's not noticeable shortly into the video once we start sharing slides. 

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While it may be completely unfathomable given everything that has taken place in the markets this year, as of market close on Tuesday, May 13, the S&P 500 is now in positive territory year-to-date in 2025 (though still a bit off from the all-time high hit in mid-February). The question then becomes though, what comes next? 

Originally published: May 14, 2025