The recent #MarketPullback reflects escalating investor concerns over new U.S. tariffs and rising recession risks. Analysts warn that the S&P 500 could fall another 19% even without a recession, citing historical patterns and elevated valuations . Wall Street has slashed Q2 earnings forecasts more than usual, driven by inflation and trade uncertainty . Oil prices have also dropped sharply after OPEC+ increased output, adding to market volatility . Despite a brief rally following a temporary pause in tariffs
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