Corporate earnings are 'going to be good,' says Defiance ETFs CEO Sylvia Jablonski

Market Overview & Economic Outlook - The macro backdrop is generally positive, supported by strong job numbers and a substantial $7 trillion of cash on the sidelines [2][3] - Corporate earnings have remained resilient, defying expectations of a significant downturn [3] - Inflation is showing signs of decline, contributing to a favorable economic outlook [4] - The S&P 500 has seen a 6% plus annualized average return, indicating a steady market [6] Trade & Tariffs - The market has become less sensitive to tariff-related news, viewing it as potentially "much to do about nothing" until concrete policies are enacted [4][5] - Tariffs could potentially generate revenue to offset tax cuts, or negotiations could lead to market stability [8] - Goldman Sachs estimates that only 40% of tariffs are borne by American consumers and businesses, with the remaining 60% affecting foreign entities [15] Potential Risks & Future Outlook - A significantly higher-than-expected Consumer Price Index (CPI) or a weakening labor market could potentially disrupt the market [12][13] - Artificial Intelligence (AI) is seen as a potential catalyst for future corporate earnings growth [14] - The S&P 500 is expected to rise, potentially reaching a 10% increase for the year, with NASDAQ potentially rallying even more [18]