Equity market pullback could have -5% to -9% downside, Evercore says

Investing.com -- The U.S. equity market faces a potential pullback of 5% to 9% in the near term, according to Evercore ISI analysts on Monday, citing a combination of macroeconomic and policy factors.

However, they explain that the stability has now fostered investor complacency, with looming risks such as tariffs, immigration policies, higher yields, and a hesitant Federal Reserve weighing on market sentiment. Evercore emphasized that the"perceived drags from tariffs and immigration" could exacerbate the ongoing market wobble.

Amid the volatility, Evercore recommends maintaining a barbell strategy, pairing growth sectors like information technology and communication services with defensive plays in health care and consumer staples.While Evercore sees near-term headwinds, they stress that AI-driven productivity gains and broader economic themes catalyzed by Trump's policies could support long-term market resilience.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Here are Evercore ISI's top chip stock picks into earningsMore than 90 S&P 500 companies have reported results, with 76% of those exceeding estimates, FactSet data shows.
Source: CNBC - 🏆 12. / 72 Read more »

Evercore ISI names stocks that could win under either Trump or Harris winA rise in volatility similar to the run-up of the 2016 and 2020 presidential elections remains base case, the firm said.
Source: CNBC - 🏆 12. / 72 Read more »

These 2 cybersecurity stocks ranked best in Evercore's surveyThese 2 cybersecurity stocks ranked best in Evercore's survey
Source: Investingcom - 🏆 450. / 53 Read more »