Following three years of robust U.S. equity performance, investors are again climbing a wall of worry. Questions abound about the economy’s resilience, the sustainability of AI-driven growth, and the durability of elevated valuations.
Against this backdrop, how should investors position for 2026? We analyzed the current market concerns and believe targeted exposure to beneficiaries of bottlenecks related to key structural themes remain critical, but think a barbell approach to risk is warranted, focusing on portfolio diversification. Read more on our outlook in Portfolio Perspective: Positioning for 2026.
Topics: