Equity Market Outlook

Wall Street’s crystal ball gazers have surprising predictions for 2026
https://www.telegraph.co.uk/business/2025/12/31/wall-street-crystal-ball-gazers-surprising-prediction-2026/
 
The four strategies for investing in 2026
https://www.telegraph.co.uk/business/2025/12/23/the-four-strategies-for-investing-in-2026/
 
So long, American exceptionalism
https://www.ft.com/content/a9f5e37c-dd0f-4681-bddf-f20b6a6ce4e3
For the first time, investors are talking about ‘US risk’.
 
Stocks Overcame a Long List of Worries to Gain in 2025. A.I. Helped a Lot.
https://www.nytimes.com/2025/12/31/business/stock-market-2025-artificial-intelligence-bubble.html
 
U.S. Stocks Defy ‘Sell America’ Warnings to End 2025 Near Record Highs
https://www.wsj.com/finance/stocks/u-s-stocks-defy-sell-america-warnings-and-is-ending-2025-near-record-high-04f8d5a0
Trump’s tariff policies didn’t raise prices as much as feared, while an AI arms race powered growth—and the shares of the largest tech companies.
 
These Stocks Are the Market's Biggest Winners and Losers in 2025
https://www.fa-mag.com/news/these-stocks-are-the-market-s-biggest-winners-and-losers-in-2025-85353.html 

Declining Demand for Economists

Economists are facing a recession
https://www.ft.com/content/eb080c14-e946-4806-ad66-81b2bb8c67ba
Demand for their work is down as a hiring crunch hits.
 
SOUMAYA KEYNES notes:
Hiring freezes helped to halve the number of US full-time academic postings between 2019 and 2025. In the most recent year alone, listings fell by more than during the Great Recession. And according to the most recent comparable data, since 2019 recruitment has shriveled faster for economists than philosophers or linguists. Oof.