Wall Street bets on 'fish and bear's paw' in 2026: interest rate cuts+AI+tax reform resonance According to BlockBeats, on January 12th, Wall Street strategists generally believe that the US economy and stock market may experience a rare multiple positive resonance in 2026. Under the combined effects of the Federal Reserve's interest rate cut expectations, Trump's Big Deal tax incentives, falling inflation, and AI enhanced productivity, the US stock market is expected to continue its upward trend. The market is paying attention to the latest CPI data and expects it to remain at 2.7% year-on-year. Strategists point out that the decline in oil prices, easing of housing costs, and the fading of the one-time price increase effect caused by tariffs may create more downward space for inflation than expected. At the same time, the cooling job market provides policy space for the Federal Reserve to cut interest rates this year, and the decline in US bond yields may further reduce financing costs, stimulate investment and consumption. On the fiscal side, the Big and Beautiful Act allows companies to accelerate depreciation with 100% capital expenditures, which is driving companies to advance future investments to 2026. Wall Street believes that this policy will significantly boost capital expenditures. Goldman Sachs predicts that AI driven productivity improvements will drive a 12% increase in earnings per share (EPS) for the S&P 500 by 2026. Recent data shows that labor productivity in the United States has reached its fastest growth rate in two years. However, analysts also warn that the risk of AI replacing employment is increasing, and if it has an impact on the labor market, it may become a new unstable factor. Overall, Wall Street sees 2026 as a rare window of opportunity: interest rate cuts, tax reform, and AI are all being implemented simultaneously, but structural differentiation and potential risks still need to be vigilant.