This 2026 Investment Strategy outlines our outlook for a resilient yet volatile economic environment, shaped by easing monetary policy, fiscal support, and the continued secular impact of AI on growth and profitability. While extended valuations and geopolitical risks warrant caution, we see opportunities in U.S. value stocks, selective cyclical exposure, emerging markets, and real assets as portfolios navigate the year ahead.
View the 2026 Investment Strategy2026 Investment Strategy
January 21, 2026