Navigator 2026 · Film 2 of 6

Overview across asset classes

From the Navigator 2026: Valuations, especially in the US, already price in optimism. Earnings growth - not multiple expansion - is likely to drive returns.

With: Andreas Schranz, CIO
Length: 02:45
Language: English
Series: Navigator 2026, six films

Read the Navigator 2026 All films

The series

01 / 02

Navigator 2026 in six short films

One theme per film. Each opens on its own page, so a film can be shared and found by search.

01Our macro outlookAndreas Schranz, CIO01:32
02Overview across asset classesAndreas Schranz, CIO · now playing02:45
03Equity: Is there an AI bubble?Andreas Schranz, CIO02:12
04Equity outlook across regions and sectorsAndreas Schranz, CIO02:05
05Gold outlookAndreas Schranz, CIO01:40
06US dollar outlookAndreas Schranz, CIO01:41

Overview across asset classes

Navigator 2026 in six short films

Read the outlook