What does 2026 hold for macro and markets?

Insights from Aberdeen’s economic research team on navigating 2026’s anticipated economic and geopolitical themes.

Author

Global Macro Research

Image shows a magnifying glass with 2026 in it on top of a image of the world

Duration: 27 Mins

Date: 15 Dec 2025

The coming year is going to see more economic and geopolitical volatility for investors to navigate.

Paul Diggle asks members of the Aberdeen Investments research team to outline the big questions they are asking as we head into 2026 – including the outlook for monetary policy under a new Fed chair, whether China can tackle its deflation problem, and the risk of an AI bubble bursting.

Listen to the latest episode of our Macro Bytes podcast for the full discussion.

Transcript

Latest insights

Global Macro Research5 min Read

The Monthly Macro Outlook Video December 2025

Will AI drive growth or risk a bubble? Watch our video for our take on 2026’s key global economic trends.

11 Dec 2025

Global Macro Research5 min Read

Global Economic Outlook: the cycle rolls on - for now

Will AI-driven growth keep global markets rolling, or are new risks on the horizon? Discover key forecasts for the US, China, Europe and Japan in our latest economic outlook.

02 Dec 2025

Global Macro Research21 min Read

UK Budget: Macro Bytes immediate reaction episode

The UK budget unveiled more spending, higher taxes and a bigger ‘war chest’ for the government. What could this mean for the country’s economy, markets and political landscape?

27 Nov 2025

Global Macro Research1 min Read

A tax and spend (and headroom) budget

The UK budget raises taxes, spending, and the headroom against the fiscal rules. Back-loaded tax increases mean the budget modestly supports growth in the near term, but this raises questions about fiscal credibility. The government is likely to remain under political pressure, and may not survive past the May elections.

26 Nov 2025

Global Macro Research33 min Read

How can investors navigate a fracturing economic order? - with Neil Shearing

We explore how globalisation is evolving—not ending—and why the world economy is splitting into rival blocs. What does this mean for trade, technology and your investments?

13 Nov 2025

View all articles