Economic Update As We Await Progress On Tariff Negotiations

May 8, 2025
A presentation slide titled Economic Update As We Await Progress on Tariff Negotiations featuring a headshot of Ross Bramwell, CFA, Principal, and the Homrich Berg Wealth Management logo.

At the beginning of 2025, the U.S. economy was in good shape. The labor market looked solid, and inflation was moderating. However, the U.S. tariff shock in April created a significantly higher chance of recession this year. The U.S. stock market has seen a recovery in recent weeks, but that is the market looking forward and setting the expectations that delayed tariff levels will not become effective. We have also had the first announced, agreed-upon framework for a trade deal with the U.K. this week. In this video, Ross Bramwell will give an update on the key economic indicators that we are watching as we have hopefully moved past peak uncertainty regarding tariffs, to now working through negotiations.

If you have any questions, please reach out to a member of your client service team.

Watch here: https://youtu.be/r2pWfRiatq4?si=iivlfurtxHt9L99x

A man in a blue suit and checkered tie smiles at the camera. The background is blurry, showing a window with an abstract view of a cityscape.

Ross Bramwell, CFA

Managing Director of Investment Communications, Shareholder

Ross joined HB Wealth in 2013. He has over 20 years of experience across the accounting, financial services, and investment industries. He currently serves as a member of the HB Investment Committee. He previously managed the firm’s real estate platform. In his current role, Ross takes the lead on client communications, investment messaging, and presentations that focus the firm’s perspective and outlook on the economy and markets. He often participates in client meetings to discuss investment allocations, the economy and markets, and private alternatives.

Read Full Bio

Request a Consultation

Related Insights & News

Nine-Stage Business Owner Transition & Exit Planning Roadmap

Business owner pre-sale planning is most effective when it begins well before a transaction is…

Read More

Brad Glover on Rising Prices and Interest Rates

As costs continue to rise across food, fuel, and basic goods, FOX 13 Tampa Bay…

Read More

The Updated Retirement Plan Menu of the Self-Employed (and Those That Work for Them)

When a typical employee starts a job, they are usually offered a pre-set menu of…

Read More

Earnings, AI, and the New Market Playbook

Chief Market Strategist Gina Martin Adams joined CNBC’s Morning Call to explore how powerful earnings…

Read More

The above is not a recommendation to purchase or sell a particular security and is not legal, investment or tax advice. Results are not guaranteed. All investing involves risk.

Past performance is not a guarantee of future results for any investment. Private alternative investments are not for every client. An individual must be qualified to invest in a private investment based on their net worth and/or other criteria, and they may qualify to invest in some alternative investments while not being allowed to invest in other alternative investments. Alternative investments are not risk-free and there is no guarantee of achieving attractive performance compared to similar liquid investments. Risks associated with investments in private alternatives include the illiquid nature of such investments, risks associated with leveraged investments, manager-specific risks, sector-specific risks, and in certain cases geographical risk, as well as the risk of loss of principal.