ALLSPRING – Investment Outlook, 2026

The main theme of the document is the investment outlook for 2026 with a focus on global markets.

Key takeaways include the expectation of gradual growth in the global economy, especially in the US, despite challenges such as uncertainty regarding fiscal, tariff, and immigration policies. A forecast of "sticky" inflation in the US, which will stabilize but not reach the Fed's 2% target as quickly as expected. Differences in inflation trends outside the US, where most countries have already reached their inflation targets, allowing central banks to pursue more accommodative policies. Attention to rate-cutting decisions in the US and their impact on the economy.