S&P 500 earnings are expected to grow 11% this quarter and another 26% next year.
We better hope there’s no recession, because if there is, a sharp downgrade in earnings estimates could be a real drag on the market, in my view. pic.twitter.com/gDXHwh4KDC— Otavio (Tavi) Costa (@TaviCosta) April 28, 2025
Goldman Sachs is now projecting that the United States will have the lowest economic growth AND the highest inflation rate of any developed economy in 2025.
How much more winning before we can go back to losing? pic.twitter.com/Lb5TFxCv8m
— Spencer Hakimian (@SpencerHakimian) April 29, 2025
Feels like S&P 500 rally is starting to stall. Earnings tone this week would need to be stellar to squeeze another few % higher. More likely, the first tangible effects of trade war (ports, trucks) pull us lower into a double dip or even a retest. Risk Reward doesnt look great.
— Marko Kolanovic (@markoinny) April 28, 2025
Scott Bessent says he has an "escalation letter" in his back pocket for a trade embargo and ban against China because they're not talking to him and Donald Trump about the ridiculous trade war and tariffs.
Things are going great.
— Art Candee 🍿🥤 (@ArtCandee) April 28, 2025
Freight rates are tanking… pic.twitter.com/91o3pZ2dVu
— Kalypsus Research (@Kalypsus_) April 29, 2025
So, like what’s going to happen first? A massive trade announcement that sends markets ripping, or reports of empty store shelves that send them lower? Because I feel like that’s what we’re all waiting for.
— Douglas A. Boneparth (@dougboneparth) April 28, 2025
No ship docking
No unloading of containers
No truck moving containers
No goods to the stores near you
Empty shelves
That was why Bessent said he is not worried 🤔 https://t.co/w2ljeDb1mo— David Lee (@DavidLe76335983) April 28, 2025
Bulls, over the NEXT 100 days Trump is going to use the trade war to fund a tax cut.
Let's do this. pic.twitter.com/VvegRLYy9b
— Mac10 (@SuburbanDrone) April 28, 2025