Homrich & Berg sees concentrated earnings growth threatening stock rally’s breadth
Homrich & Berg’s October 14, 2026, analysis warns concentrated earnings growth threatens the broadening U.S. stock rally. S&P 500 third-quarter earnings per share are forecast to rise 24.7% on revenue growth of 12.2%. Excluding technology and energy, expected earnings growth slows to 5.3% from 13.3% in the second quart