Why Trump's tariffs aren't steering Wall Street off a 'bullish' path for stocks
Published On Feb 5, 2025, 6:00 AM
The article discusses how President Trump's recent tariff announcements have not led to a significant downturn in the stock market. Despite temporary volatility driven by tariff fears, major indices like the S&P 500 have continued to show strength. Factors supporting a bullish sentiment include positive earnings projections, which indicate a 13.2% growth for the S&P 500 year-over-year for the fourth quarter, higher than analysts had expected. The labor market remains stable, and manufacturing activity has started to pick up, which are both encouraging signs for future economic performance.
Stock Forecasts
SPY
Positive
Given the robust earnings growth and resilient economic indicators, the market is likely to maintain its bullish trend despite tariff uncertainties. Investors see through the noise, maintaining confidence in stock performance.
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