Midterm elections, a new Fed chair, and AI's next act. Our advisors walk through LPL Research's 2026 Midyear Outlook and what it means for your portfolio — in about 30 minutes.
The full report runs 28 pages. Here's the four-minute version — the video covers what each one could mean for your plan.
LPL's base case is a split Congress after November's midterms — more gridlock over spending and the debt ceiling, more policy driven by executive action. Midterm years are historically volatile for stocks; dips are likely to be buying opportunities once the uncertainty clears.
Governments worldwide are asserting more control over energy, metals, and other strategic resources. LPL sees this as a durable, multi-year shift that favors commodity-linked equities, energy, materials, and resource-rich regions like Latin America.
The five largest hyperscalers are on pace to invest more than $750 billion in AI infrastructure this year alone. Markets are shifting focus from the spending itself to whether it pays off — expect more scrutiny on who can actually monetize AI.
New Fed Chair Kevin Warsh inherits sticky inflation and a geopolitical energy shock with almost no honeymoon. LPL expects an extended pause, with the 10-year Treasury settling between 4.00% and 4.50% for the rest of the year.
There's more nuance behind every one of these. The video walks through how each theme could touch your portfolio.
Watch the VideoA quick read on where LPL Research stands across the four major asset classes heading into the back half of 2026.
Growth moderates but stays positive as AI-driven business investment offsets housing weakness. Inflation should ease toward 2.9%; unemployment edges up to around 4.6%.
Modest gains expected in the second half, powered by AI-driven earnings strength. LPL holds a modest overweight to U.S. equities, favoring diversification beyond the AI theme.
The Fed likely stays on an extended pause. The 10-year Treasury should stay range-bound between 4.00% and 4.50%, with returns driven mainly by income rather than price gains.
A modest tilt toward equities over fixed income, balanced global exposure, and a continued case for alternative investments to add portfolio resilience.
GenWealth's advisors break down LPL Research's 2026 Midyear Outlook and what it means for your plan — no sign-up, just press play whenever it's convenient.