Climbing the wall of worry: Global Insight 2026 Midyear Outlook 

Near term (next 12 months), financial markets need commodity shipments to normalise, allowing earnings to arrive on schedule. Longer term (next few decades), there are powerful, predictable forces at work that can be profitably put to work in portfolios. Explore our latest content below.

The Unstoppables

Over the next couple of decades there will be powerful, predictable forces unfolding that can be profitably put to work in portfolios.

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Global equity: The wall of worry obscures a plausible path to higher ground

Equity markets need the Strait of Hormuz to reopen and the AI wave to play out as advertised. Both are plausible, neither guaranteed.

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Global fixed income: Bond markets seeing the forest for the trees

Geopolitical events and oil prices have upended global bond markets and central bank policy expectations this year, but we see it as just the latest tree in a forest of reasons that has steadily driven bond yields higher.

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Regional insights

Dive deeper into the issues and opportunities impacting economies and markets in five key regions across the globe.

Global Insight 2026 Midyear Outlook: United Kingdom

UK equities face political headwinds, but sector composition offers hope. UK inflation risks remain contained.

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Global Insight 2026 Midyear Outlook: Europe

Analysis

The Middle East conflict weighs on European stocks, but structural tailwinds present an opportunity. The European Central Bank is hawkish despite growth risks.

5 minute read
– Global Insight 2026 Midyear Outlook: Europe

Global Insight 2026 Midyear Outlook: United States

Analysis

There are catalysts for the bull market in stocks to persist. Bonds face a more challenging landscape.

5 minute read
– Global Insight 2026 Midyear Outlook: United States

Global Insight 2026 Midyear Outlook: Canada

Analysis

The S&P/TSX climbs to record levels amid Iran tensions, tariff uncertainty. A technical recession masks encouraging signs in the Canadian economy.

4 minute read
– Global Insight 2026 Midyear Outlook: Canada

Global Insight 2026 Midyear Outlook: Asia-Pacific

Analysis

China’s export strength masks soft demand; Japanese equities attract investor rotation. Asian credit spreads are tight, so a selective approach is required.

5 minute read
– Global Insight 2026 Midyear Outlook: Asia-Pacific

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