Wealthion · Thursday, September 24, 2026
Chris Gallup argues that despite investor anxiety over headlines and potential Fed rate hikes, earnings growth is the most crucial factor for the stock market. He stated that earnings have been phenomenal and are expected to continue growing through 2028, overshadowing other variables like interest rates.
“And in fact, what matters for the stock market, uh, is the level and the direction of interest rates, which is also important. But by far the most important variable here is earnings growth.”
“That's been phenomenal, and that looks like it's set to continue through Calen to 26 and into 27 and into 28.”
“Earnings matter. Period. End of story. And earnings have been fabulous.”