In this May 12 market update, Matt Curfman, CFP, CEO & Co-Owner of Richmond Brothers, shares insights on trade deal developments with China, the latest tariff-related uncertainty, and how the “Smoother Ride” strategy is holding up in volatile markets. With markets rebounding from a rocky Q1, Matt discusses where momentum is building—and where caution is still needed.

• 0:00 – New trade deal
• 1:46 – “Smoother Ride” Strategy Explanation
• 2:13 – Momentum & Market Signals
• 2:54 – Buyback Triggers & Monitoring
• 4:08 – Looking Ahead

Market Momentum or Another False Start? Insights for Investors in May 2025

As spring takes hold in Michigan, there’s fresh optimism in the air—but the markets are still riding their own roller coaster. In our May 2025 update, Matt Curfman of Richmond Brothers discusses recent developments in global trade negotiations, ongoing tariff uncertainty, and the signals investors should be watching as momentum builds… or fizzles.

The 90-Day Cycle: Where Are We Now?

The current administration’s 90-day windows for tariff negotiations continue to dominate headlines. While there’s some encouraging progress with China, the July 4th deadline looms. With China being such a significant trade partner, the outcome will heavily influence multiple sectors.

Why the Roller Coaster Feels Real

Market activity from late February through April saw broad indexes like the S&P and Nasdaq dip sharply—nearly 20-25% in some cases. That kind of drop triggers more than just headlines; it creates genuine concern for retirees who rely on market stability.

What “Smoother Ride” Is—and Isn’t

Matt explains how the Smoother Ride strategy is built to avoid panic, not ignore risk. Defensive tactics are in place to help avoid massive derailments—but knowing when (and whether) to re-enter the market is just as critical. As we watch momentum rise, we remain cautious of false signals.

Eyes on the Horizon

Though indicators are improving, we remain vigilant. With upcoming training on tax law updates from nationally recognized expert Ed Slott, our team continues to equip itself with the latest tools to serve our clients best.

Want to Learn More?

If you haven’t seen the Smoother Ride presentation, now’s a great time to catch up. Reach out, and we’ll send you the digital version. We’ll also be keeping a close eye on market buyback triggers in the coming days and weeks.

Thank you for your trust and time—and stay tuned for more updates this month!

Sources:

https://www.cnbc.com/2025/05/01/wells-fargo-says-sp-500-could-retest-the-lows.html

YCharts

Research Reports

The commentary in this video reflects the personal opinions, viewpoints and analyses of Richmond Brothers employees, and should not be regarded as advisory services provided by Richmond Brothers, and are subject to change at any time without notice. Any mention of a particular security and related performance data is not a recommendation to buy or sell that security. Past performance is no guarantee of future results. Any indices referenced for comparison are unmanaged and cannot be invested into directly. As always please remember investing involves risk and possible loss of principal capital; please seek advice from a licensed professional. Richmond Brothers, Inc. does not provide tax advice.