Reported 9 days ago
Recent fluctuations in the U.S. stock market, driven by President Trump's sweeping tariffs, have intensified fears amongst investors about a potential global trade war and declining corporate profits. The S&P 500 experienced significant drops, leading strategists to predict possible declines of up to 50% from its peak. Analysts have presented various bearish scenarios, suggesting that stocks could retreat further due to moderating valuations and expected earnings cuts, with some predicting a challenging economic landscape ahead.
Source: YAHOO