The first earnings season for the US stock market after Liberation Day opens next week

Golden Finance reports that US companies are preparing to announce their second quarter results, and investors will look for the impact of Trump's tariff policies from it. Although it is expected that the profit growth of enterprises will slow down compared to the first quarter, a significant depreciation of the US dollar may help offset possible tariff effects. On July 15th, JPMorgan Chase and several large banks will kick off the earnings season first. Peter Tuz, President of Chase Investment Counsel, stated that given the ongoing trade negotiations, tariffs may once again become a topic of discussion in many companies' earnings reports. Nicholas Colas, co-founder of DataTrek, stated that for many companies in the S&P 500 index, the threshold for expectations is low enough that their Q2 earnings growth is expected to far exceed expectations. The recent record high of the S&P 500 index indicates that the market holds the same view on this matter.