First-quarter earnings will be all about tariffs and the economic outlook. But are forecasts worth anything? - MarketWatch
1. President Trump announced new tariffs impacting global trade and economic forecasts. 2. Delta has cut its first-quarter profit outlook, citing macro uncertainty. 3. Analysts predict recession risk if tariffs remain long-term, affecting consumer and corporate behavior. 4. Investors are concerned about rising costs and corporate profit forecasts amid economic slowdown. 5. Delta's earnings report this week is expected to reveal extensive damage from tariffs.