Alarm Bells Ringing: Fed Research Links Trump Tariffs to Unemployment as S&P 500 Hits 40-Year Valuation Extreme

Add to all of these concerns the idea that tariffs could threaten to disrupt things even more, and yet the market has largely ignored these signals. Instead, it's focused on valuing stocks on the hopes that AI will deliver generational returns and that growth will accelerate. To be fair, the real question here isn't whether the market will eventually acknowledge this disconnect in reality, but when.It's here that most of the confusion starts, as many investors look at the S&P 500 and the 16% number and thin ...