An Overview by Ashish Jain
Global markets enter 2026 with cautious optimism, supported by structural resilience, accelerating technological adoption, and disciplined monetary frameworks across major economies.
We expect the global economy to remain resilient in 2026, despite geopolitical uncertainties and evolving interest-rate environments. One of the most powerful drivers shaping market dynamics continues to be artificial intelligence (AI)—not only as a technology theme, but as a transformational force across productivity, capital allocation, and business models.
Key Market Drivers for 2026
• AI-Led Investment Cycle
Capital expenditure in AI infrastructure, semiconductors, cloud computing, and automation is expected to sustain equity market momentum, particularly in technology-led economies.
• Selective Growth, Not Broad Excess
Unlike previous cycles, growth in 2026 is likely to be more measured and quality-driven, rewarding companies with strong balance sheets, pricing power, and scalable innovation.
• Stabilising Inflation & Policy Normalisation
Central banks are expected to move toward policy normalisation, creating a more predictable environment for long-term investors while keeping liquidity conditions supportive but disciplined.
• Emerging Markets & Alternative Assets
Select emerging markets, commodities linked to technology supply chains, and alternative investment strategies are likely to see increased institutional interest.
Outlook
“2026 will not be defined by speculative excess, but by intelligent capital deployment, technology-driven efficiency, and disciplined risk management,” says Ashish Jain.
“Investors who align with innovation, adaptability, and long-term fundamentals are likely to outperform in this evolving landscape.”
