
🚨 Tariffs: A Major Risk for S&P 500 Earnings in 2025, Warns Goldman’s Kostin!
🔹 Goldman Sachs’ Chief US Equity Strategist David J. Kostin flags tariffs as a key downside risk for the S&P 500 earnings forecast in 2025. 🔹 Q4 2024 Earnings: The S&P 500 saw 12% YoY growth in earnings per share (EPS), surpassing expectations of 8%—but new tariffs could harm future earnings. 🔹 Tariff Increases Ahead:…