2026 Markets Outlook: Top 10 Trade Ideas

Resilient growth and supportive macro policies will continue to favor equities vs bonds in 2026. Public and private investments will remain strong, providing  additional support for corporates.AI theme and Magnificent 7 stocks will continue to do well, but concentration and valuation are key risks. 2026 provides a nice opportunity for geographical diversification of equity portfolios, towards EM (we like LatAm in particular) and domestic sectors in  Europe and Japan.Portfolios must be aligned with the prevailing fiscal dominance environment, with long-term rates as a key risk factor : position for curve steepening, stay long inflation assets and real assets.  Precious metals will keep their safe-haven status (vs bonds and dollar) despite weak fundamentals.Equity-bond correlation will stay high, propelling the case for liquid alternative strategies for better protection. We found that a combination of cross-asset trend-following strategies, commodity strategies and defensive equity intraday strategies can effectively navigate both short-term tail risks and long-term bear markets.