Fidelity International – Outlook 2026

This report provides an investment outlook and market analysis for the year 2026, focusing on structural forces shaping global markets.

It covers macroeconomic trends, equities, fixed income, and regional insights, highlighting risks such as inflation re-emerging amid growth pressures, the rise of Asia as a key destination for capital and innovation, and the uncertain impact of AI-driven market changes. The report also discusses themes like global fragmentation, dollar depreciation, US Federal Reserve policy independence, and AI capital expenditure trends, recommending focus on emerging market equities, local currency bonds, and alternative protections such as gold and absolute return strategies.