Market Musings 7/22/2025
Quick thoughts on the markets and major portfolio news. Not on Ursa yet? Download Ursa from the App Store!
Early Signs Tariffs Are Hurting Earnings—More to Come? 👀
It’s happening. #Tariffs are starting to show up in earnings.
Companies hit by existing ones — like steel, aluminum and auto — are feeling it already.
Defense stocks are under pressure from rising material costs while automakers are dealing with messy supply chains that span multiple countries.
These aren’t from the delayed future #Tariffs. These are ones already in place.
And honestly? It’s a warning sign.
If the broader #Tariffs ever actually get imposed, this could just be the beginning.
We’re continuing to watch to see if other companies not yet impacted might start prepping－raising prices, adjusting supply chains or stockpiling inventory.
While markets and consumers may remain aboard the “taco” train, it would be irresponsible for companies to just ignore out any #Tariffs impacts. There has to be some planning for that scenario and factored into their earning outlooks.
We can see the White House potentially bluffing with #Tariffs, but we also continue to not rule out they might eventually just impose them either.
As we get deeper into earnings, we’ll learn more. Stay tuned!
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The statements, opinions and analyses presented here are provided as general information. This article is the opinion of the author. Anything within this article should NOT be considered an investment recommendation or advice. See Ursa’s full disclosures here.
Original Photo by Pixabay.