Potential recession looming due to tariff troubles and high PE ratios, market expected to decline

From Investing.com: 2025-04-04 01:12:00

The trade deficit improved in February with exports up $8 billion. Tariffs are seen as a tax on consumers, not foreign countries. Services missed expectations, while job growth exceeded forecasts in March. The S&P 500 fell below a critical support zone, indicating a significant market pullback. Further downside target is around 5150, with potential bottom in 4600-4800 range. Potential recession and valuation reset due to high PE ratios. Market uncertainty may lead to further decline. Opinions are based on educated guesswork, actual market behavior remains unpredictable.



Read more at Investing.com: Tariff Troubles Make Valuation Reset a Realistic Possibility