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Market Insights

Quarterly Market Outlook – 1Q 2026

Key themes for 1Q 2026

Solid foundations for global growth in 2026The U.S. economy has sustained its robust underlying architectureThe Federal Reserve is approaching neutral, balancing inflation and employment concernsEquity market returns will be dependent on strong earnings growthFixed income credit: Tight spreads but benefiting from robust macro tailwindsFocus on balance and diversification