Weekly Market Commentary 3-30-2026

“Double Digit Earnings Growth Poised to Continue”
See what we have to say about the following:

 

 

 

• Double‑Digit Earnings Growth Poised to Continue: S&P 500 earnings are expected to grow in the mid‑teens in Q1, extending a six‑quarter streak of double‑digit growth and reinforcing the constructive earnings trend shown in consensus forecasts despite geopolitical and rate-related volatility.

 

• AI Investment and the Magnificent Seven Drive Results: Accelerating AI capital spending and outsized contributions from the Magnificent Seven continue to power overall earnings growth, as illustrated by sector and contribution charts, though leadership may begin to broaden as valuations normalize.

 

• Margins Hold Up Amid Rising Pressures: Corporate margins have remained resilient despite tariffs, higher oil prices, and supply-chain disruptions, but forward-looking margin estimates suggest increased vulnerability if geopolitical tensions persist.

 

• STAAC Asset Allocation Perspective: STAAC maintains a neutral equity stance amid heightened volatility, favoring selective opportunities during pullbacks while retaining a tilt toward large‑cap growth, overweight communication services and industrials, and a neutral posture in core fixed income.