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  • 📰 *US PRELIM FEB. DURABLE GOODS ORDERS RISE 0.9% M/M; EST. -1.0% *US PRELIM FEB. DURABLE GOODS EX-TRANS RISE 0.7% M/M; EST. +0.2%
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📰 *US PRELIM FEB. DURABLE GOODS ORDERS RISE 0.9% M/M; EST. -1.0% *US PRELIM FEB. DURABLE GOODS EX-TRANS RISE 0.7% M/M; EST. +0.2%

March 26, 2025
Frank

*US PRELIM FEB. DURABLE GOODS ORDERS RISE 0.9% M/M; EST. -1.0%

*US PRELIM FEB. DURABLE GOODS EX-TRANS RISE 0.7% M/M; EST. +0.2%

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📰 🚨 BARCLAYS CUTS S&P 500’S 2025 YEAR-END INDEX TARGET TO 5900 FROM 6600
📰 GOLDMAN SACHS LOWERED ITS S&P 500 YEAR-END TARGET TO 6,200 FROM 6,500. The cut reflects: 🔸 A reduced 2025 US GDP growth forecast to 1.7% (from 2.4%) due to expected tariff hikes. 🔸 The US effective tariff rate is projected to rise by 10 percentage points to 13%, with a possible 15-point increase in a high-risk scenario. 🔸 Higher tariffs and economic uncertainty have led to a larger equity risk premium. 🔸 Goldman also highlighted options positioning for companies sensitive to trade and tariff changes.

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