Weekly Market Recap – April 28, 2025

As the world braces for the tariff impacts on the global economy, the IMF’s latest forecasts, notably weaker than the last revision in October 2024, highlight which countries are likely to bear the brunt of the trade war. Unsurprisingly, the U.S. experienced one of the most significant growth downgrades since last October, from 2.7% to 1.8% in 2025.