We are pleased to share our Winter Update, covering the period from April to June 2026.
Despite ongoing geopolitical tensions, global share markets delivered another strong quarter, supported by the continued AI-driven investment boom and robust corporate earnings.
In this update, we explore how the conflict in the Middle East and concerns over the Strait of Hormuz influenced inflation expectations, and why markets continued to perform well despite an uncertain economic backdrop.
Our feature article, Lessons from 100 Years of Capitalism, examines long-term US share market returns and highlights two enduring investment lessons:
The second quarter of 2026 was another reminder that markets often climb a “wall of worry”, with positive expectations for future corporate earnings and economic growth proving more influential than the day’s headlines.
Download and read the full market update on the link below:
Winter Economic Update 2026
Winter Economic Update 2026
We are pleased to share our Winter Update, covering the period from April to June 2026.
Despite ongoing geopolitical tensions, global share markets delivered another strong quarter, supported by the continued AI-driven investment boom and robust corporate earnings.
In this update, we explore how the conflict in the Middle East and concerns over the Strait of Hormuz influenced inflation expectations, and why markets continued to perform well despite an uncertain economic backdrop.
Our feature article, Lessons from 100 Years of Capitalism, examines long-term US share market returns and highlights two enduring investment lessons:
A relatively small number of companies generate most long-term shareholder wealth.
Broad diversification remains one of the most reliable investment strategies.
The second quarter of 2026 was another reminder that markets often climb a “wall of worry”, with positive expectations for future corporate earnings and economic growth proving more influential than the day’s headlines.
Download and read the full market update on the link below:
Winter Economic Update 2026