‘Spreading…’
AI-driven capital expenditures spreading into many industries in addition to tech are expected to drive the stock market in 2026, reports a Morgan Stanley article, 1/21/2026. In other words, they’re talking about the other 493 stocks outside of the ’Magnificent 7’ tech stocks that led the markets over recent years. Supporting this thesis, the report points to Fed and quantitative easing, Fannie Mae and Freddie Mac purchases and the One Big Beautiful Bill. Ultimately, analysts are projecting 14% to 16% annual earnings per share increases in 2026. Many pundits armed with this optimism believe this financial path will accelerate once the Middle East Conflict diminishes.
The S&P 500’s April 15th all-time high,
may be suggesting that this acceleration period is starting to…
Awaken…
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The opinions expressed in this material do not necessarily reflect the views of LPL Financial and based on the political content of this material are for general information only and are not intended to provide specific advice or recommendations for any individual. The economic forecasts set forth in this material may not develop as predicted. All indices are unmanaged and may not be invested directly.
Russell E. Towne, LPL Financial Advisor, is a registered representative with and Securities and Advisory Services offered through LPL Financial, a Registered Investment Advisor. Member FINRA/SIPC.