Midyear Outlook 2026

Midyear Outlook 2026: Policy, Buildouts, & Bottlenecks

A set of powerful forces stands to shape the direction of markets in the second half of 2026. While each carries its own set of risks and opportunities, together they form a backdrop that calls for thoughtful positioning and a clear view of where disruption and potential may intersect. 

• Midterm elections: Could shift congressional control and policy direction
• Resource nationalism: Capital steering toward commodities and real assets
• AI maturing: Focus is likely to move to beneficiaries and return on investment
• Federal Reserve: Leadership change adds uncertainty — and little room for error

To learn more about the opportunities and challenges to be on the lookout for, read the 2026 Midyear Outlook today.

*As of May 2026

**As of Annual Outlook Report 2026

Disclosure

This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. Any economic forecasts set forth may not develop as predicted and are subject to change.

References to markets, asset classes, and sectors are generally regarding the corresponding market index. Indexes are unmanaged statistical composites and cannot be invested into directly. Index performance is not indicative of the performance of any investment and do not reflect fees, expenses, or sales charges. All performance referenced is historical and is no guarantee of future results.
There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.

Asset allocation does not ensure a profit or protect against a loss.
All index data from FactSet.

All information is believed to be from reliable sources; however, LPL Financial makes no representation as to its completeness or accuracy.

This research material has been prepared by LPL Financial LLC.

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