Daily Newsletter 7/11/25

Markets appear largely unfazed by tariff threats and are maintaining a steady, positive trajectory. While the tone is not distinctly bullish, investor sentiment remains resilient in the face of ongoing trade concerns. Volatility has dropped to its lowest level of 2025, with the VIX currently at around 16.8 as of Friday morning.

Investor attention is firmly focused on the upcoming second quarter 2025 earnings season, set to begin in earnest the week of July 14. These results will be closely scrutinized for signals on market trajectory and are likely to shape sentiment and strategy for the remainder of the year.