Wall Street Has Faith in the TACO Trade. That’s Looking Less Wise. - Barron's
1. Stocks near record highs, driven by major tech companies including NVIDIA. 2. Analysts predict lower S&P 500 earnings growth amidst tariff and inflation risks. 3. Upcoming CPI data and earnings season may clarify market's tariff concerns. 4. Rising tariff-related costs are expected to impact semiconductor and tech sectors. 5. Market complacency exists regarding tariff impacts and Federal Reserve's interest rate actions.