The View from 5th Avenue

The View from 5th Avenue – 2 June 2025

For the week passed the S&P 500-SPX was up 2% on the week, bringing the month of May up 6% which is the strongest up month since November of last year, an atypical May if you ask me. However, the dawn of a new month is upon us and US Equities drifted early to commence. Though futures were weak from the premarket, meager manufacturing data (for a 3rd straight month) caused stocks to slide further amid renewed trade risk and continued geopolitical uncertainties. As the trading day progressed US…

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