According to Yahoo Finance, S&P 500 earnings growth estimates stand at 7.4% for 2024, supported by resilient consumer spending. If labor market data remains strong, index targets could shift higher by 3-5%. That's why Trump and his team have been hard at work building out this insurance policy of sorts around 232 tariffs, which have been used for years by presidents in both parties and are seen as relatively secure from legal challenges. The SEC has said that tokenized stocks fall under its regulatory authority, noting in a July statement that “tokenized securities are still securities.” Yahoo Finance tracks bond yields edging lower, with U.S. 10-year Treasury at 4.18%. This could support equities as borrowing costs ease, particularly in real estate and growth-sensitive sectors.