Lone driver of markets from here will be earnings, says Manulife's Matt Miskin

Earnings Season Focus - Earnings are the primary driver of markets, especially with stretched multiples and market froth [1] - The best earnings revisions are in the technology and financials sectors, a potentially symbiotic relationship [2] - Technology sector exhibits the best earnings growth globally, though a breather may be needed after a significant run [3] Investment Strategy - Investors should avoid day trading based on headlines and policy moves, focusing instead on earnings [5] - Political developments can cause whipsaws; earnings trends are a better indicator of relative performance [7] - The firm invests in companies, not countries, seeking the best earnings globally [11] Market Outlook - S&P 500 earnings are growing at approximately 10% to 11% year-over-year [11] - The US has the best earnings globally, making it a primary focus for global equity opportunities [12] - The earnings bar for the current quarter is manageable, with the market anticipating positive results [9][10]