Asset Allocation

Asset class

Equity

Topic

US Still Positive on US Equities

Outlook

Strong

View

Positive

Risks

Market Volatility

– Update: March 2026 –

Asset class

Commodities

Topic

Impact of Higher Oil Prices

Outlook

Neutral

View

Neutral

Risks

Higher Geopolitical Tension

– Update: February 2026 –

Equity

Earnings update

January 2026

–

–

–

Economics

Region

US

Reference Period

Feb 2026

Topic

Consumer Sentiment

Indicator

CB Confidence Index

Investment Implications

Recovery Signal

– Update: March 2026 –

Region

US

Reference Period

Jan 2026

Topic

Consumer Sentiment

Indicator

Michigan Sentiment Index

Investment Implications

Neutral

– Update: March 2026 –

–

–

–

–

–

–