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Investment Weekly

What next after bumper Q3 profits?
14 November 2025

    Chart of the week – What next after bumper Q3 profits?

    Chart of the week – What next after bumper Q3 profits?

    Third quarter earnings season is drawing to a close in the US – and well under way in Europe and Asia. The overall headline is that Q3 has been strong almost everywhere, including the US, Japan, and many emerging markets – and the technology and communications services sectors are still on course to deliver the bulk of US profits growth this year. But despite bumper Q3 numbers, stock market volatility has risen recently – and that could become the norm in 2026.

    More from this week:

    Market Spotlight

    • Asia’s roaring markets

    Lens on…

    • A US macro tug-of-war
    • Dollar doubts?
    • Stablecoins = instability elsewhere?

    Read the full commentary PDF, 3.31MB