Sam Hannon

From the surface, headlines are causing some uncertainty for clients. Yet, drilling down, economic indicators look reasonable. Interest rates are stable or falling (usually good for assets, outside of a recession). Central banks are paying investors handsomely not to take too much risk. Inflation is steadying at long term levels, with visible drivers on their way downwards. Company balance sheets are very healthy – with decent maturities and strong earnings leaving little to be worried about. From a portfolio perspective, diversification remains key. Having broad exposures to the global equity market, without a reliance on individual markets doing the majority of the heavy lifting, remains a sensible approach going into 2026. ‍

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