Wall Street Bulls Eye Milder Gains in 2026 After 3-Year Surge

An eye-popping three-year run that added 78% to US equities isn’t deterring Wall Street’s persistently bullish prognosticators. But this year’s optimism comes with a dose of caution. “Adjust your sights slightly lower,” Sam Stovall, chief investment strategist at CFRA, said by phone Friday. “It’s OK to remain a bull but spell it with a lower-case B because we’re also bumping up against a historically challenging mid-term election year.” Most Read from Bloomberg Strategists surveyed by Bloomberg expect ...