David Laut explains why his firm is “absolutely risk-on” and plans to be fully invested by November, even with short-term market uncertainty. He addresses fears of an S&P 500 correction, arguing a brief pullback is likely before a strong year-end rally. The core bullish thesis is built on an economic setup where AI drives higher corporate margins and revenue, while a softening jobs market keeps the Fed dovish. He also assesses the threat of recent credit market blowups against resilient consumer health, before discussing what Corporate America needs to deliver to sustain the current market momentum.
The views expressed are those of David Laut as of October 14, 2025 and are not intended as specific investment advice. Past performance is not indicative of future results.
