One more year, I’m sharing a list of 2026 economic outlook reports from leading investment banks around the world.

In previous years, I got this list from various sources and simply reposted it. This year, I asked an LLM (ChatGPT 5.2) to build it from scratch. The result is solid, and I’m pretty sure it was done much faster than the old way. Enjoy.

• Goldman Sachs Asset Management — Investment Outlook 2026 (PDF) — Sets the year around “catalysts amid complexity,” highlighting central banks, a shifting trade order, and how to hunt for returns across public and private markets.
• Citi — Prospects for 2026: “Goldilocks” Performance, but Risks Linger — Expects a still-resilient global economy with a mild growth slowdown, while mapping the risks that could break the base case.
• J.P. Morgan (Global Research) — 2026 Market Outlook — A research-style outlook that’s constructive on global equities for 2026, with scenario framing and cross-asset drivers.
• Standard Chartered (Global Research) — Global Focus: Economic Outlook 2026 (Executive Summary PDF) — “Uneasy calm”: sustained global growth with elevated risks, plus a concise read on key economies and potential shock points.
• Deutsche Bank (Wealth) — Annual Outlook 2026: Investing in tomorrow — Ten key themes for 2026, stressing how trade disruptions/tariff escalation could hit earnings and volatility.
• Bank of America (Private Bank / Merrill CIO) — Market Outlook 2026 — A year-ahead view emphasizing policy/geopolitics and “power” (energy grids, data centers, defense, digital platforms) as a growth driver.
• Morgan Stanley Investment Management — The BEAT: 2026 Outlook (PDF) — A chart-heavy guide designed for market discussion, with an explicit asset-allocation outlook across bonds, equities, and alternatives.
• Barclays Private Bank — Outlook 2026: The Interpretation Game (PDF) — Focuses on interpreting regime shifts (geopolitics, trade, rates) and what they imply for major economies and markets.
• Wells Fargo Investment Institute — 2026 Outlook (report hub) — A practical package of year-end forecasts, favored asset classes/sectors, and portfolio ideas aimed at implementation.
• BNP Paribas Wealth Management — Investment Themes 2026 (PDF) — Six themes for 2026, including guarding gains and rebalancing away from overreliance on cash returns and concentrated exposures.
• Santander Asset Management — Market Outlook 2026: Climbing towards new highs (PDF) — Base case of sustained growth and contained inflation, paired with a short list of high-conviction investment ideas.
• Santander Research — The Year Ahead (LatAm chapter; PDF) — Global outlook with a dedicated Latin America section that explicitly discusses why the 2026 outlook could look more optimistic (flows, macro normalization, etc.).
• DBS (Asia) — Separate Paths: Economic Outlook and Market Strategy for 2026 — Asia/ASEAN-forward view: expects regional growth only marginally lower in 2026, with fiscal/monetary concerns more centered on the U.S. backdrop.