Report published August 17, 2026
WisdomTree: Strong Earnings Support Stocks Despite Softer Economic Data
Source and citation context
- Issuer
- WisdomTree
- Report date
- August 17, 2026
- Analysis as of
- Not stated in source
Authors / editors: Jeremy J. Siegel (Senior Economist)
Finvaulta summarizes WisdomTree's analysis. Attribute opinions, forecasts, time-sensitive values, and chronology to the issuer and report date; do not treat this page as an independent verification or a current market-data source.
The S&P 500 reached fresh record highs powered by double-digit corporate earnings growth and favorable inflation trends despite softer retail sales data. Professor Jeremy Siegel argues the Fed will likely stay on hold in September and calls on Chair Warsh to clarify the central bank's reaction function at Jackson Hole.
Key Takeaways
- 1.Equities remain strongly supported by exceptional double-digit earnings growth and healthy corporate guidance despite modest economic growth.
- 2.Recent economic data—including softer retail sales and moderating inflation metrics—reinforce expectations that the Fed will remain on hold in September.
- 3.Markets require clarity from Fed Chair Warsh at Jackson Hole regarding the central bank's reaction function and key decision metrics rather than long-term forward guidance.
Table of Contents
- Strong Earnings Support Stocks Despite Softer Economic Data
Report data
Key figures extracted from this report
| Metric | Estimate | Context |
|---|---|---|
| Q2 Real GDP Growth | 1.5% | Real GDP growth rate compared against double-digit corporate earnings growth. |
| July PCE Deflator Monthly Increase Estimate | 0.2% | Estimated increase with roughly half coming from portfolio management fees measurement. |
| Crude Oil Transit via Strait of Hormuz | 9000000.0 barrels per day | Volume passing through the strait keeping oil prices contained in the low $80s. |
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Authors / Editors
Reported Data Context
- Q2 Real GDP Growth: 1.5 % (Q2 2026)
- July PCE Deflator Monthly Increase Estimate: 0.2 % (July 2026) · Source: Goldman Sachs
- Crude Oil Transit via Strait of Hormuz: 9000000.0 barrels per day (August 2026)