“Strong post-election vibes were an important part of the bullish consensus on 2025 for US equities, which has come under pressure,” Calvasina said in a note to clients. She also asserted that the ...

Market forecasters at banks including JPMorgan Chase & Co. and RBC Capital Markets have also tempered bullish calls for 2025 as Trump’s tariffs stoke fears of slowing economic growth. The S&P 500 has ...