The Weekly Update 5/29/2026™

OFF The Chart!

Over the last two years I have written in Sign #6, (Corporate Earnings per Share), of The Seven Signs of a Changing Economy™ to expect much higher earnings for Corporate America than what was being reported.

A year ago, I wrote that 2027 could see Corporate America, as measured by the S&P 500, earn $375 per share and 2028 could have a “4” handle.

Highly likely we will make $375 per share in 2027 as we are already hitting $354 per share for 2026 with three quarters to go and with earnings accelerating.

This chart is from LSEG DataStream and Yardeni Research.  Note two observations as you look at this chart.

1.    The acceleration of the red line

2.    That at these levels the S&P 500 trades at close to 19.5x 2027 earnings.

I did not say market valuations go straight up, and I did not say without volatility, yet the data flow suggests the good old USA has a very bright outlook. 

As always, your WSG team remains focused, thoughtful, and on purpose as we continue the ongoing process of allocating The WSG client family assets entrusted to our oversight.

As always, I am interested in your thoughts, comments, and questions.

Respectfully,

James O. Lunney, CFP®

CERTIFIED FINANCIAL PLANNER™ Professional  

*The economic forecasts set forth in this material may not develop as predicted and there can be no guarantee that strategies promoted will be successful. The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual.  To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing.  Investing involves risk. Loss, including loss of principal, may occur. No strategy assures success or protects against loss. All performance referenced is historical and is no guarantee of future results.  All indices are unmanaged and may not be invested into directly.

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