2026 Global Market Outlook: The Great Inflection Point
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Russell Investments2.69K FollowersFollow5ShareSavePlay(35min)SummaryResilience emerged as the defining theme for 2025, with most global equity markets dramatically rebounding from their April lows to close out the year near all-time highs.We see three inflection points that are likely to drive the investment landscape into 2026 and beyond.Public and private debt markets enter 2026 from different starting points, yet both face a year likely to be marked by dispersion, selectivity, and recalibration.As the global economy shifts from resilience to reacceleration, both public and private real assets are emerging as essential diversifiers. phakphum patjangkata/iStock via Getty Images Policy upheaval defined the first half of 2025. Investors faced a multitude of policy shifts this year. April’s Liberation Day ushered in the biggest increase in tariffs since the 1930s. We saw the sharpest immigration restrictions sinceThis article was written byRussell Investments2.69K FollowersFollowRussell Investments is a leading global investment solutions partner providing a wide range of investment capabilities to institutional investors, financial intermediaries, and individual investors around the world. Since 1936, Russell Investments has been building a legacy of continuous innovation to deliver exceptional value to clients, working every day to improve people’s financial security. The firm has US$331 billion in assets under management (as of 12/31/2024) for clients in 30 countries. Headquartered in Seattle, Washington, Russell Investments has offices in 17 cities around the world.