Investors expect global stock markets to keep rising in 2026, despite fears that the AI bubble could burst, and anxiety about chaos engulfing the US central bank. Goldman Sachs analysts have told clients that the main risks to global growth in 2026 are that a fragile job market sparks recession fears, or the equity market questions the value of AI-related revenues. Goldman anticipates “sturdy global growth of 2.8% in 2026”, with the US economy forecast to “outperform substantially” thanks to reduced drag from tariffs, tax cuts and easier financial conditions. Deutsche Bank predicts a “clear deficit” for the copper market in 2026, leading to peak prices in the second half of the year. “Steady global growth, a bit of disinflation, and monetary policy returning to neutral, where it stays indefinitely.

Source: The Guardian January 04, 2026 16:30 UTC