Weekly Market Commentary 10-6-25

“Q3 Earnings Season Preview & Tariff Impact”
See what we have to say about the following:

 

 

 

• Q3 Earnings Season Preview & Tariff Impact: Corporate America is expected to post solid Q3 earnings growth, with tariffs unlikely to significantly disrupt results.

 

• Artificial Intelligence as a Growth Driver: The Magnificent Seven technology companies continue to drive most of the S&P 500’s earnings growth, as shown in the related chart.

 

• Margin Outlook and Tariff Effects: Despite some industry-specific impacts, overall profit margins remain resilient due to AI-driven productivity and strategic tariff management.

 

• STAAC Commentary and Asset Allocation: STAAC maintains a neutral stance on equities, favoring growth sectors and advising caution due to optimistic valuations and lingering risks.