The risks reshaping global AI investment
Financial market coverage by the UBS CIO House View. NVIDIA’s latest volatility highlights broader questions around leadership, geopolitics, and concentration in the AI trade.
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Also this week
- Artificial Intelligence: Managing Concentration Risk
- A Layman Thinks About AI
- Speed Bumps? How Rate Spikes Shape US Stock Valuations
- Midterm impacts on AI data centres, tariffs and Iran
- French national debt: banks facing the return of sovereign risk
- EM equity and AI: cheap exposure today, broader impact tomorrow
- Convergence: Reimagining Multi-Asset Credit Allocations in a Converging Market
- Energy grids: from missing link to critical bottleneck in the energy transition
- Interest rates rise in the major developed economies amid stubbornly elevated inflation
The Week in Markets
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Consensus · Bull case · Bear case · Drivers
Week of 12 November 2026
Undercurrents: ETF costs, buffer outcomes and tokenised funds
How a fund is built can change what a client pays, the outcome they get and how easily they can hold or move it
Clockwise: Cautiously optimistic into year-end
Elevated uncertainty has been a recurring feature of the global economy in recent years. The 2022 energy shock and subsequent central bank tightening cycle were followed by US Pre…
Staying invested as the equity bull market matures
The recent correction reflects the challenges of a maturing bull market. We would remain invested and diversified, while using the correction to add quality.
US stock market rotation broadens beyond AI after Democratic sweep
US stock market rotation broadens beyond AI after the Democratic sweep, creating opportunities for stock pickers amid higher volatility.
Inside the markets | Helping you guide clients: October 2026 review
October saw another shift in market leadership again, with European and UK equities outperforming, and value stocks showing more resilience than growth globally. Bonds also reboun…
Asset Allocation Outlook: November 2026
Global equities were broadly unchanged in October, despite considerable volatility beneath the surface. US equities posted a small gain, while European markets…
2027 Investment Outlook - India equities
India's 2027 equity outlook highlights data centers, defense and semiconductors, but valuations and risks call for a selective approach.
Allocation Views: Investing Through AI Crosscurrents
Strong growth and AI adoption support a risk-on outlook, while more attractive bond opportunities are emerging outside the United States as inflation continues…
EFG Outlook 2027: Navigating a world of change, risk and opportunity
What lies ahead for the global economy and financial markets in 2027?In this special edition, EFG’s CIO Moz Afzal is joined by Deputy CIO Daniel Murray to expl…
Recalibrating for a world of higher interest rates and profit margins
Our Capital Market Assumptions (CMAs) provide return, volatility and correlation forecasts for various asset classes, typically over a strategic 10-year invest…
EFG’s Capital Market Assumptions
Welcome to EFG’s Capital Market Assumptions which provides our analysis on how key asset classes are set to behave over the next 7-10 years.
2027 Capital Markets Assumptions
How AI scenarios and fundamentals shape our latest asset class forecasts.
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,…
Podcasts
See all podcasts- Podcast: Strategic Thinking Out Loud – November 2026
- Portfolio Intelligence podcast | Balancing momentum and value in global markets
- Podcast: Rates with Wayne Dahl
- 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
The Bridge Ep. 29: Who is Funding the AI Buildout?
In episode 29 of The Bridge, iCapital Chief Investment Strategist Sonali Basak sits down with Winfield Sickles, Managing Director, Co-Lead, Private Wealth and Investment Strategy at Blackstone, to unpack where capital could flow as AI moves from adoption to diffusion.
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