Tariff Tsunami & Earnings Week Kickoff

Major tariffs take effect tomorrow (October 14) on furniture, cabinets, and lumber – if you're planning home renovations, act NOW. Plus, the big banks kick off earnings season Tuesday with critical insights into the real economy. Here's what you need to know to position your portfolio this week.

[0:00] Opening - Why this week matters for your money

[0:45] Tariff Alert - What's hitting tomorrow and how it affects you

• 10% tariffs on lumber and wood products (effective Oct 14)
• 25% tariffs on kitchen cabinets, bathroom vanities, upholstered furniture (effective Oct 14)
• Rates increase again on January 1, 2026
• Additional 100% tariffs on Chinese goods (effective Nov 1)
• Action items: Buy furniture NOW before prices jump

[3:15] Earnings Week Preview - Big banks take center stage

• Monday: Fastenal (FAST) reports
• Tuesday: JPMorgan, Wells Fargo, Bank of America earnings
• What to listen for: consumer spending, loan quality, business confidence
• Why bank CEOs' commentary matters more than ever

[5:15] Shutdown Update & Investment Strategy - Week 3 with no end in sight

• Senate vote scheduled for Tuesday
• How to position your portfolio defensively
• Focus on quality companies with pricing power

[6:15] Closing - Key takeaways and what's coming Wednesday

✅ Act now if renovating - Furniture and home improvement costs jump tomorrow  ✅ Watch Tuesday's bank earnings - Best real-time economic indicator we have  ✅ Stay defensive - Keep 5-10% cash, focus on quality stocks  ✅ Don't chase at all-time highs - Too much uncertainty to FOMO into speculative plays

📋 ⁠Free Federal Worker Financial Survival Kit⁠ -

• Emergency cash flow strategies
• How to talk to creditors during shutdown
• Credit score protection checklist
• Back pay planning resources

• Fastenal (FAST)
• JPMorgan Chase (JPM)
• Wells Fargo (WFC)
• Bank of America (BAC)
• Home Depot (HD)
• Lowe's (LOW)

📱 Follow Dominique ⁠@dominiquebroadway⁠  ✉️ Send your money questions: [email protected]  ⭐ Leave a review and help others find the show

Remember: The opening bell rings at 9:30, but smart money gets there early.

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Beat The Bell is for educational and informational purposes only and should not be construed as investment advice. Always consult with a financial professional before making investment decisions.