Q3 earnings will be 'fairly benign.' Portfolio mgr. explains why

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Earnings Growth,Outlook Sounds,Portfolio Manager

While earnings season swings into high gear, this portfolio manager finds this season to be 'fairly benign' in comparison to current expectations for the...

While earnings season swings into high gear, this portfolio manager finds this season to be"fairly benign" in comparison to current expectations for the fourth quarter.

Um, but, uh, we sense that we may be getting close to an inflexion point where growth can actually improve, uh, late into next year.Uh, you know, this is not a sexy us talking about artificial intelligence and every company feeling like they can latch on to what is the zeitgeist for earnings and for executives to talk about.

We're hearing very loud and clear from our network of analysts that a lot of companies have been holding back understandable given that we don't even know what the rules of the game are gonna be both in terms of, you know, policy from, you know, tariffs to immigration to other things. We've had an economic reset, and we've rewound the the market clock right to early cycle, where you should be playing things like small caps and high beta stocks.So that doesn't really set up for those type of sectors.

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