The shares may be in a experimental relief position, but the largest bear in Wall Street says that investors should remain at a state of high alert in view of Volatile.
“President Trump’s decision has reduced to walking part of his introductory rise in the possibilities of deep stagnation in the United States. However, stocks are not priced even for a mild stagnation, indicating that the danger to the shares is the downside,” Peter Peresin Be careful in a new note.
Berezin gained attention to being the only bear in Wall Street that will come to 2025. Moreover, in 2022 he called that there would be no American stagnation, although most of them are on the streets. He has been an economist for more than 30 years, with his work in the International Monetary Fund (IMF), Goldman Sachs, and now BCA Research.
There are many reasons^GspcUntil the end in 4,450 (current level: 5,525).
Near: April 25 at 4:52:33 pm EST
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First, the current effective average effectiveness of the United States is the highest in the 1930s, at least, Peresin noted. The uncertainty about the definitions began to urge companies on capital expenditures, which could have repercussions in the labor market.
Read more: What does Trump’s tariff mean for the economy and your wallet?
The uncertainty and the potential increase in the tariff can affect the decisions of spending on American consumers.
“We have these wired homes with the permission of consumers, we can follow exactly what is happening in the washing room, for example, how many loads are performed a week, what is the temperature of those loads, etc.”, “Procter & Gamble (PCEO John Muller Yahoo told the financing last week. “And what you see is a decrease in the number of loads that are performed a week, and it is currently moving, if it returns back before returning to acidity, about five loads per week to about three and a half.”
Giant consumer giant It reduced its sales for the whole year and profit expectations Because of economic concerns.
Second, the recent economic data that Peresin studied indicates that the American economy was followed before the start of the trade war.
The gross domestic product decreased in the GDP in Atlanta Fed, as it decreased by 0.4 %. Goldman Sachs economists said the gross domestic product was 0.2 % in the first quarter.
Indicators of consumer feeling weak in March for the previous months.
In particular, Birzin’s analysis showed that the markets are not pricing in a “meaningful deterioration in economic growth”, not to mention the stagnation of “flabby”.
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