Wall Street lists the stock market expectations, amid Trump’s tariff fears

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Wall Street Banks has cut its goals to the main participation in the United States over the past two weeks, as concerns have been growing on the possible economic repercussions of President Donald Trump’s trade war.

At least 10 banks, including JPMorgan, Bank of America and Evercore ISI, have reduced its estimates of the S&P 500 in weeks since he sent Trump’s decision to impose a 10 percent basic duty on most American imports and sent a “mutual tariff” higher than shocks across the financial markets.

The S&P 500 has decreased more than 7 percent in the very volatile trading since the announcement of the initial fees on April 2, by 14 percent since it touched a record on February 19. Trump has since stopped the mutual definitions and established points for smartphones and some other electronics.

But economists say that the uncertainty caused by rapid rotation in commercial policy may still slow economic growth, or even lead to stagnation-something that will reach the profits of the listed American companies.

“The Goldilocks that enter this year have gone into uncertainty,” City Group, Scott Krunrt, said in a note.

The average end of the year at the end of the year in Wall Street is 6,012 – compared to 6539 at the end of last year. The S& P 500 ended this week at 5,283.

New expectations mean that despite the increasing concerns about the slowdown in economic growth, strategists expect the index to rise by 14 percent in the coming months. It will maintain an increase of only 2 percent for 2025, which is a large slowdown in successive gatherings that exceed 20 percent in 2023 and 2024.

The cautious tone of banks recently represents a modest reflection since the beginning of the year, when many market participants expected lighter taxes and regulation under the republican administration to enhance corporate profits.

Citigroup said on Friday that it expected the S&P 500 of the year at 5800, a decrease from a previous call of 6500. The bank also reduced the estimates of the share profits of 2025 to $ 255 from 270 dollars, just less than the average expectations of $ 262, according to Bloomberg data.

Chroonert said that the last sharp fall for American stocks may become “the first bear market that caused US presidential measures specifically.”

JPMorgan reduced the “Case Case” goal on April 7 to 5200 of 6500, assuming “partial” relief on the definitions. The bank wrote at that time, “Although we do not think we have finished the exception, the shock (liberation day) came at a time when the evaluation was rich, the sites were crowded and the driving was particularly narrow,” the bank wrote at that time.

Peter Peresin at BCA Research, who holds the lowest target price for 2025 for S&P 500 among the Bloomberg analysts, said in mid -February he expected the index this year to be closed by 4,450, which implicitly decreased by 15 percent of the current levels. In early March, he said that the American recession is likely to start during the next three months.

“There is a lot of collective thinking about Wall Street,” Peresin said.