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Deutsche Bank Upgrades U.S. Stock Rating On Trump’s Tariff ‘Relents’—As 'TACO’ Trump Gains Popularity

Summary by Forbes
The White House has dismissed the TACO nickname as “asinine” and “nasty,” but Wall Street is starting to discount the impact of tariffs.

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Deutsche Bank lifts S&P 500 year-end target amid Wall Street upgrade wave

Brokerage cites lower tariff-related earnings drag and a resilient economy

·Canada
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Deutsche Bank revised its projection for the S&P 500 index upwards, and estimated that it could reach a potential of appreciation of more than 10% since Monday's closing.The review responds to a change in the US political-commercial environment, which has significantly reduced the risks that until a few weeks ago threatened to deteriorate expectations of corporate profits.See more: Peru accelerates stock market integration with Colombia and Chil…

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Kitco NEWS broke the news in on Tuesday, June 3, 2025.
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