Report|27 Apr 2026

Macro Pulse U.S.: Broad Q1 2026 Earnings Growth Continues to Support Risk Assets

The Magnificent 7 stocks still lead 2026 earnings growth expectations, but forecasts for the remaining S&P 493, as well as mid-cap and small-cap companies, remain firmly in the double digits—suggesting a broadening of growth that supports historically elevated credit and equity valuations.

In the latest 3 Things in Credit, KBRA’s Chief Markets Strategist Van Hesser discusses why healthy earnings growth across the broader market—not just mega-cap technology—continues to support risk assets and credit spreads. Listen to Van Hesser’s insights on: Apple Podcasts | YouTube Music | Spotify or visit

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