What Recession? Markets Have Erased Every Last Bit Of Economic Pessimism
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 15 2025
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Source: Benzinga
Market Recovery: Following initial panic from Trump's tariff announcement, investor sentiment has improved significantly by mid-May, with credit spreads returning to pre-tariff levels and a reduced probability of a U.S. recession now estimated at 40%.
Sector Performance: As markets transition into a low-tariff environment, sectors like communication services and technology are expected to outperform due to their exposure to global supply chains and easing trade tensions.
Analyst Views on XCCC
Wall Street analysts forecast XCCC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for XCCC is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 38.230
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Current: 38.230
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
