美国股票策略-2026 年展望：凡事适度-US Equity Strategy_ 2026 Outlook – Everything in Moderation

ab 8 December 2025 Global Research US Equity Strategy 2026 Outlook – Everything in Moderation Reasonable US performance amidst continued earnings growth We forecast the S&P 500 reaching 7,500 in 2026, supported by ~14% earnings growth, with nearly half of that contribution coming from Tech+ sectors. Our macro model projects EPS of $309 (~14%) in 2026 and $350 (~13%) in 2027, under a growth and inflation mix that, while moderate, remains conducive to equity earnings growth. Consensus expectations for 2026 ar ...