11.11.2025
Markets don’t run on hype — they run on earnings.
Every market cycle has its story. Yesterday it was zero rates and stimulus. Today it’s artificial intelligence. Tomorrow it’ll be something else. But beneath the noise, one truth endures: profits move markets.
In the 2010s, U.S. corporate earnings grew 11% per year. In the 2020s, they’re still near 10% — twice the historical average. That’s not speculation, that’s execution.
Companies now do more with less: fewer workers, more automation; fewer factories, more cloud. Wall Street isn’t rising on hope — it’s rising on delivery.
But history reminds us: profits are the foundation, not the trigger. When confidence fades, even strong earnings can’t lift markets. For now though, the math still works — and profits keep playing the right tune.
Watch the video by John Plassard, Partner & Head of Investment Strategy at Cité Gestion!
More articles
23.06.2026
Crête Equestrian Competition x Cité Gestion
We are proud to have supported the Crête Horse Competition, an exceptional event that brings together passion, excellence, and camaraderie around values that are dear to us.
Read more18.06.2026
Naïma Karamoko x Cité Gestion
Cité Gestion is proud to announce its sponsorship of Naïma Karamoko and to support her promising journey, marked by her recent qualification for the WTA 125 Modena final.
Read more09.06.2026
How much is the SpaceX dream actually worth?
SpaceX’s $1.75 trillion valuation is ultimately a bet that the company can sustain near-flawless execution and technological leadership for 15 years, transforming today’s $20 billion in revenue into $3.4 trillion by 2040—a reflection of how much investors are willing to pay for a bold vision of the future.
Read more04.06.2026
Harvard x Cité Gestion
Cité Gestion was honored to attend the latest Harvard Gala Dinner in Mexico City, celebrating meaningful exchanges among leaders and professionals, while reaffirming its longstanding commitment to fostering dialogue, innovation, and international connections within the Harvard community in Mexico.
Read more22.05.2026
What impact will artificial intelligence have on the healthcare sector?
For a long time, the pharmaceutical and tech industries evolved separately. But over the past two to three years, their convergence has accelerated significantly. Healthcare is now one of the industries that generates the most data, making AI a powerful driver of transformation for the entire sector.
Jérôme Berton, manager of the Tech Care fund, analyzes the major structural changes as well as the key areas of transformation that the healthcare sector has been undergoing for several decades.
