“Deutsche Bank’s forecast points to a sharp deterioration in S&P 500 earnings growth, with Q2 expected to turn negative and a deeper contraction anticipated later in 2025 if tariffs persist, marking a stark divergence from the more optimistic bottom-up consensus.”
– @SoberLook pic.twitter.com/zRShvKWuSp
— Kalani o Māui (@MauiBoyMacro) May 8, 2025
“.. We’re seeing pushback on items as small as taxi journeys.” 👇🏼 pic.twitter.com/GGbzOXAoq1
— Kalani o Māui (@MauiBoyMacro) May 8, 2025
Small businesses are less likely to be able to weather disruptions in general, and specifically those caused by a very volatile tariff policy. And they are far less likely to have political clout to win "exemptions" as the Administration hands those out. https://t.co/zE9gQSFFid
— David Sommers (@dgsommersmkts) May 8, 2025
The Fed will only capitulate on their inflation view when markets break.
Which means that market outcomes going forward are non-linear. A Fed rate cut should no longer be viewed as a positive outcome for markets. pic.twitter.com/CcSkyxPh29
— Mac10 (@SuburbanDrone) May 7, 2025