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RBC Capital Markets has reduced its year-end target for the S&P 500 (SP500) to 5,500, citing heightened concerns around U.S. economic growth following President Donald Trump's announcement of sweeping global tariffs. The revised forecast represents an 11% downgrade from its earlier 6,200 projection.
This shift effectively turns our former bear case into our new base case, said Lori Calvasina, head of U.S. equity strategy at RBC, in a note published Friday.
She outlined four tiers of market str...
>>> Read more: RBC Cuts S&P 500 Outlook as Growth Risks Surge Post-Tariffs
This shift effectively turns our former bear case into our new base case, said Lori Calvasina, head of U.S. equity strategy at RBC, in a note published Friday.
She outlined four tiers of market str...
>>> Read more: RBC Cuts S&P 500 Outlook as Growth Risks Surge Post-Tariffs
