Vanguard economic and market outlook for 2026: AI exuberance: Economic upside, stock market downside
30 minute read
Market commentary

Vanguard economic and market outlook for 2026: AI exuberance: Economic upside, stock market downside

Download the full report for our views on the macro environment and the outlook for bond and equity markets.

Rapid evolution has increased the potential of artificial intelligence (AI) to become a transformative economic force, with promising implications for productivity across industries. Adoption is accelerating, and while today’s AI leaders dominate headlines, tomorrow’s winners may look very different. The outlook for markets is nuanced.

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