Bhanu Baweja, chief strategist at UBS Investment Bank, warns that the S&P 500 could fall to 5,300 points due to a "visibly tiring" U.S. consumer, with key indicators like employment expectations and consumer confidence signaling risks. Despite a recent rebound, concerns over U.S. tariffs and a slowing economy are mounting, leading analysts to revise profit estimates for the next few months downward. Projections for S&P 500 earnings growth in 2025 have also been cut from 12.5% to 9.5%.