As of April 17, 2025, concerns about "tarifflation" and "Trumpflation" dominate economic headlines, with predictions of steep price hikes for consumer goods due to the Trump administration's sweeping tariffs—145% on $541 billion of Chinese imports, 10% on non-Chinese imports, and 20–100% on select countries. Despite these fears, retail prices have largely held steady: iPhones still start at $799, shirts average $50, and PlayStation 5s remain $499. This price stability—alongside declining inflation (Truflation at 1.4%), plunging consumer sentiment (University of Michigan Sentiment Survey at 50.8, near record lows), and sluggish retail sales growth (1.8% YoY)—suggests Trump's economic agenda may be mitigating the risks of a consumer-led recession and deflation, rather than triggering hyperin
Powell Says No to Market Rescue: S&P 500 May Head to 5000?
Citi equity strategists have downgraded their rating on the U.S. stock market, citing recent developments such as Deepseek, Europe’s fiscal stance, ad rising trade tensions as reinforcing their view on diversifying investments outside the U.S. market. “From both GDP and EPS perspectives, the drivers of the 'exceptionalism' narrative are fading,” noted the bank’s strategists, including Beata Manthey. The U.S. stock market rating has been lowered from Overweight to Neutral. Is it a double bottom coming? What's your target price for S&P 500? Will it head for 5000 or lower?
+ Follow
+57