The “Year Ahead 2026” report by UBS Global Wealth Management, the wealth management division of the Swiss financial group UBS, forecasts resilient global economic growth in 2026, with acceleration expected from mid-year.
Nonetheless, risks are posed by the burden of public debt, political uncertainties, and inflation. To manage these risks, the report suggests the importance of public spending management in each country, more flexible monetary policy, and innovation in artificial intelligence (AI).
UBS further asserts that if AI leads to real productivity gains, it could herald a new cycle of growth.
In the stock market, UBS analysts predict continued appreciation in 2026, particularly highlighting technology and AI company stocks, supported by strong investment in AI infrastructure and the growing adoption of AI tools.
However, investors are advised to remain vigilant about the risks of ‘bubbles’—excessive stock valuation.
Also expected to be in focus are health, energy, and companies related to longevity and anti-aging, such as biotechnology.
