{"id":12758,"date":"2025-04-01T05:42:15","date_gmt":"2025-04-01T05:42:15","guid":{"rendered":"https:\/\/finderica.com\/?p=12758"},"modified":"2025-04-01T05:42:15","modified_gmt":"2025-04-01T05:42:15","slug":"trump-tariff-day-setting-stage-for-peak-market-uncertainty-evercore","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=12758","title":{"rendered":"Trump tariff day setting stage for peak market uncertainty: Evercore"},"content":{"rendered":"<div id=\"NewsShowArticle-ArticleBody-6\" data-module=\"ArticleBody\" data-test=\"articleBody-2\" data-analytics=\"NewsShowArticle-articleBody-6-2\"><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<div role=\"region\" aria-labelledby=\"Placeholder-ArticleBody-Video-108123857\">\n<div role=\"button\" tabindex=\"0\" id=\"Placeholder-ArticleBody-Video-108123857\" class=\"PlaceHolder-wrapper\" data-vilynx-id=\"7000371333\" data-test=\"VideoPlaceHolder\">\n<div class=\"InlineVideo-videoEmbed\" id=\"InlineVideo-0\" data-test=\"InlineVideo\">\n<div class=\"InlineVideo-wrapper\">\n<div class=\"InlineVideo-inlineThumbnailContainer\"><span class=\"InlineVideo-videoButton\"><\/span><span><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div class=\"group\">\n<p>Market uncertainty should &#8220;peak&#8221; around the Wednesday tariff deadline, according to Evercore ISI.<\/p>\n<p>In a note this week, Julian Emanuel wrote investors should resist tariff angst and accumulate stocks.<\/p>\n<p>&#8220;All you need is a little less uncertainty,&#8221; the firm&#8217;s senior managing director said Monday on CNBC&#8217;s &#8220;Fast Money.&#8221;<\/p>\n<p>Emanuel compares the market pessimism to the March 2023 regional bank failures.<\/p>\n<p>&#8220;The mood this morning and over the weekend talking with clients and talking with colleagues is as negative as I can remember going back to when Silicon Valley Bank blew up,&#8221; he said. &#8220;We didn&#8217;t know the Fed was going to &#8216;take care of business.'&#8221;<\/p>\n<p>Emanuel&#8217;s bullish forecast comes as Wall Street wrapped up a negative quarter for the major indexes. The <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"NewsShowArticle-QuoteInBody-5\">S&amp;P 500<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> and tech-heavy <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"NewsShowArticle-QuoteInBody-6\">Nasdaq<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> just saw their worst quarterly performances since 2022.<\/p>\n<p>The Nasdaq is now 14% below its record high hit in December. Yet, Emanuel is finding opportunity.<\/p>\n<p>&#8220;We think you go back to the prior bull market winners in general: <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"NewsShowArticle-QuoteInBody-7\">technology<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span>, <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"NewsShowArticle-QuoteInBody-8\">communication services<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> and <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"NewsShowArticle-QuoteInBody-9\">[consumer] discretionary<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span>,&#8221; he said.<\/p>\n<p>They were the S&amp;P 500&#8217;s worst performing sectors of the month and quarter. But at these levels, according to Emanuel, companies will want to do stock buybacks which would help boost prices.<\/p>\n<p>Meanwhile, he would avoid the recent leaders.<\/p>\n<p>&#8220;What&#8217;s interesting about today is that everyone basically moved their sectors in the direction of how the entire quarter was going,&#8221; Emanuel said. &#8220;You saw <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"NewsShowArticle-QuoteInBody-10\">consumer staples<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> outperform. You saw <span class=\"QuoteInBody-quoteNameContainer\" data-test=\"QuoteInBody\" id=\"NewsShowArticle-QuoteInBody-11\">health care<span class=\"QuoteInBody-inlineButton\"><span class=\"AddToWatchlistButton-watchlistContainer\" id=\"-WatchlistDropdown\" data-analytics-id=\"-WatchlistDropdown\"><button class=\"AddToWatchlistButton-watchlistButton\" aria-label=\"Add To Watchlist\" data-testid=\"dropdown-btn\"><span class=\"AddToWatchlistButton-addWatchListFromTag\"><\/span><\/button><\/span><\/span><\/span> very strong. In our view, those are probably the places where defense has been hiding.&#8221;<\/p>\n<p>Health care gained 6% in the first quarter while consumer staples gained about 5%.<\/p>\n<p>Emanuel thinks the market will regain its footing. His S&amp;P 500 year-end price target is 6,800, which implies a 21% gain from Monday&#8217;s close.<\/p>\n<p>&#8220;We don&#8217;t think you need a material clarity,&#8221; he said. &#8220;You need&#8230; the very, very extreme scenarios [tied to tariffs] becoming less possible.&#8221;<\/p>\n<p><em>CNBC&#8217;s Christopher Hayes<\/em><em> contributed to this report.<\/em><\/p>\n<div class=\"ArticleBody-blockquote\">\n<p><a href=\"https:\/\/www.cnbcevents.com\/fast-money-live-june-2025\/\" target=\"_blank\" rel=\"noopener\">Join us<\/a> for the ultimate, exclusive, in-person, interactive event with Melissa Lee and the traders for &#8220;Fast Money&#8221; Live at the Nasdaq MarketSite in Times Square on Thursday, June 5<sup>th<\/sup>.<\/p>\n<\/div>\n<p>Disclaimer<\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/03\/31\/trump-tariff-day-setting-stage-for-peak-market-uncertainty-evercore.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Market uncertainty should &#8220;peak&#8221; around the Wednesday tariff deadline, according to Evercore ISI. In a note this week, Julian Emanuel wrote investors should resist tariff angst and accumulate stocks. &#8220;All you need is a little less uncertainty,&#8221; the firm&#8217;s senior managing director said Monday on CNBC&#8217;s &#8220;Fast Money.&#8221; Emanuel compares the market pessimism to the<\/p>\n","protected":false},"author":1,"featured_media":12759,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[811,5281,94,5280,5279,450,1604,563,2066],"class_list":{"0":"post-12758","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-day","9":"tag-evercore","10":"tag-market","11":"tag-peak","12":"tag-setting","13":"tag-stage","14":"tag-tariff","15":"tag-trump","16":"tag-uncertainty"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/12758","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12758"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/12758\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/12759"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12758"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12758"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12758"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}