The worried investor’s guide to 2026
While markets were buoyant this year, volatility is never far away
While markets were buoyant this year, volatility is never far away

Investors risk being too complacent about war in the Middle East

Markets have shrugged off everything from geopolitics to financial crises

Amid global turmoil, markets are focused on the hit to economic fundamentals

The defining market themes of 2025

But it relies on a host of rosy assumptions going in investors’ favour

Where power, profits and pressure points are likely to lie across five key sectors