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Institutional Investing / Macro Insights

Q3 2026 Global Markets Review & Outlook

Inside, you will find a summary of market activity and our market outlook.

Global markets’ rise continued in Q3, ending the quarter with the MSCI ACWI gaining 1.7%, bringing returns to 13.4% year to date.1 Summer volatility frustrated many, exemplifying this year’s fits and starts. Yet patience paid off, and we expect it continue doing so. The Midterm Miracle is here—historically bringing a period of solid gains with the potential to transform a good year to great.

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1Source: FactSet, as of 06/10/2026. MSCI ACWI Index return with net dividends, 30/06/2026-30/09/2026 and 31/12/2025 – 30/09/2026.

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