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Nothing Stands In The Way Of Earnings Growth
Lawrence Fuller · 2026-06-22 · via All Articles on Seeking Alpha

Summary

  • Market optimism persists despite Middle East tensions, with hopes for a resolution supporting risk appetite and recent index gains.
  • Fed’s hawkish tone and removal of easing bias have lifted yields, but I expect the rise to be temporary as inflation resumes its decline.
  • Strong consumer spending and robust Q2 earnings growth estimates (22% vs. 18.7% prior) underpin bullish sentiment, even as profit margins remain above 14%.
  • I recommend modestly increasing value and yield exposure, trimming frothy technology positions, and holding cash to capitalize on volatility during the 60-day ceasefire.
  • This idea was discussed in more depth with members of my private investing community, The Portfolio Architect. Learn More »
  • Sitewide Sale 2026: Get 20% Off
New Business Plan Setting Goals for the New Year 2026, businessman using laptop and tablet to strategize and develop the organization to grow to success in 2026, finding business opportunities.

Thapana Onphalai/iStock via Getty Images

The major market indexes rose during a holiday shortened week, as investors hold hopes that an agreement between the U.S. and Iran will reopen the Strait of Hormuz. Traffic through the waterway has increased significantly since the

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Lawrence Fuller is the Principal of Fuller Asset Management (FAM), a state registered investment adviser. He is also the manager of the Focused Growth portfolio on the copy-trading platform Dubapp.com. Information presented is for educational purposes only intended for a broad audience. The information does not intend to make an offer or solicitation for the sale of purchase of any specific securities, investments, or investment strategies. Investments involve risk and are not guaranteed. FAM has reasonable belief that this marketing does not include any false or material misleading statements or omissions of facts regarding services, investment, or client experience. FAM has reasonable belief that the content as a whole will not cause an untrue or misleading implication regarding the adviser’s services, investments, or client experiences. Past performance of specific investment advice should not be relied upon without knowledge of certain circumstances or market events, nature and timing of investments and relevant constraints of the investment. FAM has presented information in a fair and balanced manner. FAM is not giving tax, legal, or accounting advice. Mr. Fuller may discuss and display charts, graphs, formulas, and stock picks which are not intended to be used by themselves to determine which securities to buy or sell, or when to buy or sell them. Such charts and graphs offer limited information and should not be used on their own to make investment decisions. Consultation with a licensed financial professional is strongly suggested. The opinions expressed herein are those of the firm and are subject to change without notice. The opinions referenced are as of the date of publication and are subject to change due to changes in market or economic conditions and may not necessarily come to pass.

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