May 27, 2025
By Robert Wiedemer

All Across Wall Street, Analysts and Economists are Madly Changing Their Forecasts for the Market and the Economy

After the announcement of a trade deal with China, the market has been on a tear.  In fact, NASDAQ has entered a bull market (up 20% from its recent low).

As such, Wall Street economists and analysts from Morgan Stanley to Goldman Sachs to JP Morgan are changing their forecasts to look much more like my March 10 forecast for the year: The Tariff Trauma would end in a few months, there will be no recession and a solid increase in the stock market by year end – certainly no stock market collapse.  And no big decrease in interest rates. 

Let’s take a look at some of the specific issues the market is facing now and how the rest of my forecast is playing out.