Wealth Insights
Highlights
Q3 2026 Outlook: A Bumpy Road Ahead
The market's relief rally may be running ahead of events on the ground.
A combination of tightening liquidity and stretched valuations raises the risk of a sharper pullback than markets are pricing in. In this edition, we outline our changes in the outlook for different categories of equities, fixed income and alternatives, and build the case for infrastructure as a core allocation.