US midterms put Congress in play
Financial market coverage by the UBS CIO House View. The composition of Congress may shape the policy debate, but investors should stay anchored to the fundamental forces driving markets.
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- Brazilian equities: beyond the ballot box
- Central banks hold rates steady as inflation, AI investment and growth risks reshape markets
- Gold Demand Trends: Q3 2026
- Our conviction on European subordinated financial debt
- CIO Notebook: Fed Holds Rates Steady, Cites the Need for More Information
- What Rate Moves Really Mean for Commercial Real Estate Cap Rates
The Week in Markets
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Consensus · Bull case · Bear case · Drivers
Week of 2 November 2026
Who's paying for AI, who's holding rates, and what the Budget changed
Alphabet lost about $500bn of market value on Thursday after results that fell short of forecasts in advertising. Amazon's investment spending ran ahead of its cash generation over the past year, and Meta priced about $37.5bn of new equity. Central banks gave little sign of a broad easing cycle. The Fed, the ECB and the Bank of Japan held, the Fed with two votes for a hike, and the Bank of Canada raised rates. US growth…
CIO Weekly commentary
Weekly CIO views: Recent upside inflation surprises have complicated the outlook for U.S. Federal Reserve policy.
Japan Investment Commentary and Market Outlook September 2026
Broadening earnings growth supports Japanese equities Japanese equities remained resilient despite volatility driven...
Emerging market debt Market commentary: Q3 2026
Rising US rates pressured emerging market debt in Q3, though resilient demand, attractive yields, and varied country performance helped support returns.
Wilshire Quarterly Market Commentary — Third Quarter 2026
Higher rates, volatile oil prices and uneven global growth shaped a dynamic third quarter.
India Mid-year Market Outlook FY2027
What you'll find in this report ... Want the full picture? Click Download to access CBRE Research's complete India Mid-Year Market Outlook FY2027.
Q4 2026 Outlook: The Bond Squeeze
The AI trade continues to evolve, but is intact. Rising bond yields are appealing, but because of this are putting downward pressure on other parts of your por…
Global Equity Views 4Q 2026
Although the pace of earnings revisions is cooling, we have rarely seen such a strong profit cycle. We remain constructive on the AI theme but with a strong pr…
Asset Allocation Committee's Update Q4 2026: Optimism for Canadian Equities
David Stonehouse, SVP and Head of North American and Specialty Investments at AGF Investments Inc., summarizes the latest quarterly update from the firm’s Asse…
Capital Market Assumptions - October 2026
Ninety One’s Capital Market Assumptions framework focuses on the key drivers of long-term performance. We do this to better understand possible future returns,…
Long-Term Capital Market Assumptions
The 30th annual edition explores how rising economic nationalism and fiscal activism create both challenges and silver linings for investors. Technology adopti…
Long-Term Asset Class Forecasts: Q3 2026
Our long-term asset class forecasts are forward-looking estimates of total return and risk premia for major asset classes. Read our update for Q3 2026.
CAPITAL MARKET ASSUMPTIONS - July 2026
Our latest Capital Markets Assumptions point to a familiar but important conclusion: we still see a narrower band of outcomes across asset classes, as centr…
Podcasts
See all podcasts- We Can Index That Podcast Episode: Eric Balchunas, Bloomberg Intelligence
- Front & Center Podcast: Episode 87 – Risk, Resilience, and the Human Side of Real Estate
- Managing your Practice Podcast Series
- Kepler Trust Intelligence podcast: Why China’s investment story may be changing
- Portfolio Intelligence podcast | Why AI is an infrastructure story
- Dollars and Sense podcast
Markets Edition: Blue Wave or Ripple? What the Midterms May Change
Scott Chronert and Daniel Tobon consider possible outcomes of the U.S. midterm elections, the potential effects on public policy and markets, and why a lot of today's uncertainties around key issues will likely be tomorrow's uncertainties as well.
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