Market Outlook, October 2025

 From our broker's report. "U.S. stocks extended their rally into the third quarter, led by strong recoveries in technology, consumer discretionary, and communication services-sectors previously pressured by tariff concerns. The S&P 500 has surged over 30% since the April 8th low, highlighting the resilience of markets and investor confidence amid ongoing uncertainties like tariffs, Federal Reserve scrutiny, cooling consumer spending, softening job growth, and the recent government shutdown.  Despite volatility, our strategy remains anchored in broad diversification, deliberately avoiding overconcentration in any one sector or stock, while hedging against inflation and stagflation risks."

Then says Yahoo. S&P 500 INDEX (^SPX) Historical Data - Yahoo Finance

Then says U.S. Bank:  "President Donald Trump has prioritized domestic manufacturing while extending key tax cuts from the 2017 Tax Cuts and Jobs Act, leading investors to question the stock market’s direction. After the inauguration, President Trump announced and implemented numerous tariffs, causing the S&P 500 to drop nearly 20% in just seven weeks. However, the market rebounded strongly; after reaching its lowest point of 2025 on April 7, the S&P 500 has surged more than 34% and remains near all time high."  Stock Market Under the Trump Administration | U.S. Bank.