In this webcast panel discussion, our team shares perspectives on an unusually complex market environment and what it may mean for investors as 2026 continues. With geopolitical tensions, questions around energy prices, and continued debate around artificial intelligence, the conversation focuses on separating headlines from fundamentals and staying disciplined through uncertainty.

Key takeaways include:

Market Resilience Amid Elevated Headlines: Despite ongoing geopolitical and economic uncertainty, markets have remained resilient. The discussion emphasized that earnings growth and improving profitability continue to be the primary drivers of market performance.

Broadening Equity Leadership: Market gains have expanded beyond a narrow group of large technology companies. The discussion highlighted how shifting leadership across sectors and regions has been supported by improving earnings trends.

Artificial Intelligence: AI remains an important long‑term growth driver, though still early in adoption. The panel stressed selectivity and restraint as costs, competition, and business impact continue to evolve.

Fixed Income Stability and Credit Conditions: Bond markets have remained relatively steady, and the panel noted that credit conditions still appear contained. The discussion also addressed private credit, emphasizing that recent concerns have been more idiosyncratic than systemic.

Energy Prices and Inflation Dynamics: The panel discussed why higher energy prices have not translated as directly into sustained inflation as in past decades, reflecting changes in efficiency and the structure of the economy.

The webcast concluded with a reminder that periods of market volatility and headline‑driven selloffs often resolve more quickly than expected, reinforcing the importance of diversification, patience, and maintaining a long‑term focus through short‑term uncertainty.

Presented by

• Julie Biel, CFA, Chief Market Strategist
• Kim Friedricks, Managing Director, Fixed Income
• Andrew Grant, Director of Manager Research

The event was moderated by Spuds Powell, Managing Director

Watch the replay here.