Short-term "SP 500 stock price forecast" models are incorporating stronger-than-expected retail sales data, potentially pushing the index to retest all-time highs. China, in fact, appointed a new trade negotiator and, according to Bloomberg News, is willing to re-engage with the U.S. if President Trump and his cabinet show more "respect" to leaders in Beijing. The S&P 500 also fell by 19.8% in 2018, and Trump-imposed tariffs were the trigger on that occasion, too. He mandated five sets of levies affecting around 12.6% of all U.S. imports that year, which left investors fearing a global trade war and a recession . However, many of America's trading partners negotiated trade deals that spared their exports from those taxes, leading to a market recovery. In fact, the S&P 500 surged by 31.5% in 2019. Quant models are flagging a mildly bullish "SP 500 stock price forecast", with high-frequency signals predicting a steady grind higher into the next FOMC meeting.
