Addressing Client Questions on the Mid-Year 2026 Outlook
Sharmin Mossavar-Rahmani, chief investment officer of Wealth Management and head of the Investment Strategy Group (ISG), and Matt Weir, managing director within ISG, discuss market performance and how their 2026 macroeconomic and financial market outlook has evolved in a live discussion moderated by Nicola Gifford, vice president within ISG.
- A Resilient US Economy and Equity Markets (1:01)The Investment Strategy Group’s (ISG) positive outlook on US equities continues to be anchored by the fundamental strength of the US economy and corporate earnings, as stock prices historically follow the path of earnings. The team discusses the drivers of US macroeconomic strength and their outlook for US earnings for the rest of the year.
- Myth-Busting: Dispelling Misconceptions on the Impact of IPOs and Buybacks (4:23)IPO activity has been in focus, with activity projected to accelerate sharply through the remainder of the year. ISG discusses whether the influx of new shares could overwhelm market liquidity and dampen year-to-date momentum. ISG also explores whether the growing concerns about a reduction in buybacks at hyperscalers—companies that provide massive cloud-based computing, storage, and networking—to fund their AI capex plans pose a risk to broader market returns.
- Deploying Capital in the Stock Market at All-Time Highs (6:43)While there may be a natural hesitation to invest in equities after a strong rally, ISG discusses buying at all-time highs.
- Key Risks and Investment Perspectives for the Months Ahead (8:10)The team highlights key geopolitical risks and how to hedge portfolios against the potential for market drawdowns.
For more of ISG’s views on these topics, read their latest ‘InBrief: The Case for Staying Invested in US Equities’ and the 2026 Outlook: US Resilience Resilient.
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