The macro backdrop—slowing PMI readings and strong jobless claims—supports a short-term bullish "spxs stock price forecast", as recession fears typically boost inverse ETF demand rapidly. MLB playoffs 2025: Division Series scores, news, updates as ... And perhaps rightfully so, as commentary around the impacts of the tariffs has littered corporate earnings calls and economic data over the past months. During the recent reporting period, mentions of tariffs on earnings calls have skyrocketed. Markets are bracing for Fed Chair commentary, and the "spxs stock price forecast" shows upside potential if hawkish hints emerge. Higher interest rate expectations tend to pressure equities, which could boost SPXS by 3–6% in a single session.