Year-end S&P 500 price targets implicitly assume continuity and fail to recognize volatility and macro forces that affect markets throughout any given year.
We expect another generally good year for bond returns this year, but even the best-laid plans can go awry when circumstances change. Here are four risks to our outlook.
Find Market Commentary content
Time of the Season … For Year-End Targets
Where Might Value Accrue in the Crypto Market?
The Latest Threat to Fed Independence
Market Snapshot | January 2026
The Bond Market in 2026: What Could Go Wrong?
What Is the Debt Ceiling and Why Does It Matter?
Emerging Markets: AI Opportunity and AI Risk
The Markets React to Venezuela
Sector Views: Monthly Stock Sector Outlook