Key Points Despite economic and geopolitical challenges, the S&P 500 has remained stable within a 2% fluctuation range over the past three months. Trade tensions and inflation concerns remain key risks, but the market has shown resilience. Historical data suggests market pullbacks from geopolitical shocks are usually short-lived, with equities recovering before crises are resolved. Given the Trump administration's focus on economic growth, a 10% market decline could prompt trade de-escalation. The S&P 500 has demonstrated remarkable stability over the...