Is Tech Sector Growth Sustainable and How are Expected Q2 EPS Estimates Faring?

Q1 2026 saw phenomenal tech sector growth at 56.8%, driven partly by AI enthusiasm and one-time Anthropic mark-ups. The article questions sustainability of this growth rate, noting historical tech sector averages of 10.3% (2011-2019) and 19% (excluding COVID period). Q2 2026 EPS growth expectations appear modest, with Goldman Sachs 2026 estimates only improving 10% since year-end 2025. The author suggests the market is in a remarkable period similar to the late 1990s, with 2027 potentially being the strongest year of President Trump's second term.