#CryptoMarketCapBackTo3T
Tariffs will eat into corporate profits, and Deutsche now projects S&P 500 earnings-per-share to reach $240 this year.
"This is -15% below our prior forecast and implies a -5% decline from 2024 earnings," Chadha and his team said. "The bottom-up analyst consensus is currently at $269 and at risk of continuing downgrades.
