2026 S&P 500 Outlook: A Multiple Compression, In Spite Of Earnings Growth

Core Insights - For relatively young investors, 2025 is projected to be a year of average returns in the equity market, with the index up by almost 18% year-to-date, aligning with trends observed since 2019 [1] Group 1 - The equity market has shown an increase of nearly 18% year-to-date, which is consistent with historical performance trends since 2019 [1]