The key themes for stocks in 2026

分组1 - The Federal Reserve is currently divided, with three dissenting opinions regarding interest rate decisions, indicating uncertainty in their approach to inflation and labor market conditions [1][7][19] - The focus for the Fed is primarily on the labor market, with expectations that inflation data will influence future decisions [8][18] - There is a significant emphasis on waiting for more data before making any policy changes, particularly regarding inflation and employment trends [4][17][20] 分组2 - The upcoming Supreme Court ruling on tariffs could have a substantial impact on inflation numbers, potentially altering the economic landscape [5][22] - Current market conditions show strong performance in various sectors, with communication services up 34%, technology up 25%, and industrials up 20%, indicating a broader wealth creation atmosphere beyond Fed actions [12][14][15] - The outlook for earnings remains positive, suggesting that if the economy stays strong, earnings forecasts will improve, which is crucial for investors [23][24]