What do rising yields, stubborn inflation, and geopolitical uncertainty mean for investors? How do markets typically react to midterm elections?
Unrelenting geopolitical uncetainty and volatility have kept markets on their toes so far in 2026, with the latest wave spawning a rise in yields that has led to a global bond selloff.
With midterm elections around the corner, markets and investors are watching the Trump administration's next moves in the Middle East amid stubbornly high oil prices and awaiting the Federal Reserve's upcoming meetings as bond markets show concern about booming federal debt and untamed inflation.
These key moments, in addition to the highly anticipated Q3 earnings season, will make for an eventful close to 2026.
Stream the Q4 Market Outlook Webinar now to get clear, timely insights from the Investment Committee. Use the timestamps below to easily navigate topics of interest.
Q3 2026 Recap
1:15 – Equities
3:12 – US Economy
6:15 - Fixed Income
Roundtable: Macroeconomic Tailwinds of Rising Yields
9:46 – Overview
10:46 – Corporate Earnings Perspective
12:27 – Yields and Spreads Analysis
16:02 – AI Build-Out Assessment
How Do Markets React to Midterm Elections?
18:43 – Midterm Elections Commentary
Fidelis Capital’s Portfolio Positioning
20:41 – Equities Review
22:57 - Fixed Income Review
25:20 - Final Thoughts
Participants
Neale Ellis, CFA, Founding Partner and Co-Chief Investment Officer - Dallas, TX
Chris Gunster, CFA, Partner and Head of Fixed Income - Greenwich, CT
Aaron Wall, CFA, Partner and Portfolio Manager - Washington, D.C.
Herb Achey, Partner - Cashiers, NC
