Bloomberg Surveillance · Tuesday, September 1, 2026
Cameron Dawson of New Edge Wealth suggests that the second quarter might represent the peak for earnings growth rates, potentially leading to increased equity and bond volatility and wider credit spreads. She noted that while the S&P 500 has performed well year-to-date, this resilience has been supported by strong earnings, which may not continue at the same pace.
“I do think that 2Q is likely the peak in earnings growth rate.”
“We see potential for higher equity and bond volatility, wider credit spreads, and a continued climb in rates.”
“Earnings revisions have been really powerful. 26 and 27 earnings estimates are up 17% year-to-date. So you can tolerate a lot of rise in yields.”