Reported about 23 hours ago
The article highlights how tariffs have become a major influence on stock market dynamics, with recent forecasts suggesting that earnings for the S&P 500 are expected to decline due to trade tensions and rising costs. Deutsche Bank's chief strategist Bankim Chadha has lowered the year-end S&P 500 forecast significantly, citing multiple headwinds including the ongoing trade war with China and its effects on profitability. The uncertainty surrounding tariffs adds complexity to stock valuations, creating challenges for investors trying to gauge the true worth of stocks amid fluctuating economic conditions.
Source: YAHOO