Goldman Sachs' David Kostin: Sustained tariffs could hit S&P earnings by 2-3%

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  • Опубликовано: 8 фев 2025
  • David Kostin, Goldman Sachs chief U.S. equity strategist, joins CNBC's 'Squawk on the Street' to break down the potential mark impact of sustained tariffs, whether the impact could be offset by tax cuts, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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Комментарии • 48

  • @windsong3wong828
    @windsong3wong828 5 дней назад +5

    On the plus side….the revenues raised would be used to give the rich a tax break and that is positive for the economy.
    Lower tax rate is always positive for the economy.
    The only downside is that the rich poor gap will grow.
    The poor voted for the tariffs.

  • @colepfiefer
    @colepfiefer 5 дней назад +163

    I've been an investor in Nvidia for the past six years now because I strongly believe in the company and in the stock, but now I've been thinking of redistributing my portfolio of about $560k and buy other stocks. Maybe buy GE or Tesla? The decision can be confusing sometimes

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  • @AverageJoeMN
    @AverageJoeMN 5 дней назад +5

    You know if I were a country that had been approached by brics and I was teetering on what to do I think this would be a reason for me to consider getting on board. If you're going to have one man getting office and throw this much instability into the global market because he has a huge ego, why would you want the US dollar to continue to control things

    • @Zardawn
      @Zardawn 5 дней назад

      If i were a country and I saw the rest of the world is moving to BRICS and our empire is spread to thin, I would say "time to move manufacturing home"

    • @NomadJoe0323
      @NomadJoe0323 5 дней назад

      Why would we consider joining brics?

  • @Zardawn
    @Zardawn 5 дней назад +3

    Who's sitting on the throne? The US gov or Wall Street?

  • @RottTheGamer
    @RottTheGamer 5 дней назад +2

    news: "S&P BEAR sees DOWNSIDE for S&P IMMINENT"

    • @user-ij9bs9ke9j
      @user-ij9bs9ke9j 5 дней назад +1

      Yeah, that’s how tariffs work. Not rocket science.

  • @cozyslor
    @cozyslor 5 дней назад +1

    Fast talker. Ben Shapiro school of speed talking.

  • @lavague7648
    @lavague7648 5 дней назад

    BTW you are focusing on stock market. BUT the economy weakens, and this is what concerns investors.

  • @Aaliasmall
    @Aaliasmall 5 дней назад +2

    I am a newbie in crypto-currency , I made $3k profits days ago. I'm so excited.

    • @KimJanLin
      @KimJanLin 5 дней назад

      How please? help me I really need to gain my losses back.

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      @Aaliasmall 5 дней назад

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      @EmilyWilson-w3h 5 дней назад

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      @OliviaTaylor-z8v 5 дней назад

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  • @lavague7648
    @lavague7648 5 дней назад

    2-3% plus many percents due to strong usd.

  • @jeffstrong4580
    @jeffstrong4580 5 дней назад

    Sounds like long term tariff isn't too bad for the US due to strong USD which counteract to tariff.

  • @feed730
    @feed730 5 дней назад

    Good eye contact. Lots of raised eyebrow. Smirky

  • @Thepoeta.c
    @Thepoeta.c 5 дней назад

    Potential impact, ? No guacamole for the super ball!! People will be crazy 🤪 so wait and see 👀

  • @josephdirnfeld3593
    @josephdirnfeld3593 5 дней назад

    Rational but always wrong.