Stock market struggles to predict earnings in trade war era, predicts "lost year"

From Yahoo Finance: 2025-04-07 10:53:00

The market struggles to factor in corporate earnings potential in a Trump tariff era of slow growth and higher inflation. Current profit estimates for the S&P 500 are deemed useless, with $268.70 EPS expectation showing a 9.6% year-over-year gain. Trivariate Research’s Adam Parker predicts a “lost year” in corporate earnings. The Dow Jones plunges over 1,200 points due to tariff fears. Goldman Sachs raises US recession probability to 45%, up from 35% last week. Independent Institute’s Judy Shelton cautions that markets may be overreacting to current events.



Read more at Yahoo Finance: Stock market racing to price in a ‘lost year’ for corporate profits