Markets facing a structural turning point in 2026

However, according to analysts at Fidelity International, structural transformations continue to warrant attention, including AI-driven investment trends, increasing global fragmentation, questions surrounding the Fed’s independence, stock market concentration and the expected depreciation of the dollar. Lower interest rates will make financing more accessible and cheaper. Fidelity analysts forecast that the pace of cost growth will remain stable over the next six months, which could have a positive impact on corporate profitability. The medium-term outlook is more and more shaped by creeping global fragmentation. “In this environment 2026 could be a period of conscious resilience building for investors”, says István Al-Hilal, head of Central and Eastern Europe at Fidelity International.