Emirates NBD expects moderate global economic growth in 2026 , with the GCC standing out due to robust non-oil growth , while the US shows resilience driven by corporate investment, particularly in AI, and fiscal tailwinds. Global trade may moderate amid tariffs, and inflation and US labor market softness pose risks, while G20 economies face fiscal constraints. After a three-year bull run, the bank anticipates more moderate equity returns of around +10% , with better value in emerging markets supported by attractive multiples and improving earnings. The bank favors the US in developed markets and China in emerging markets , highlighting thematic opportunities in AI, tech, defense, banks, and mining. Emirates NBD emphasizes vigilance, selectivity, and risk-managed portfolio construction to protect capital amid geopolitical tensions, AI expansion, and financial market limits.         (ICE DUBAI)

Fonte notizia: https://www.arabianbusiness.com/