TAM Market Insight
Q4 Perspective - Paid to wait.
Published Oct 2026
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Growth remains resilient, inflation has returned, and bonds are once again paying investors to be patient. In our Q4 2026 Quarterly Investment Perspective, we explore why higher bond yields, strong corporate earnings and shifting interest rate expectations are creating a very different investment landscape, and how we are positioning portfolios for the opportunities ahead.
Written by: Eric Silvestre
The third quarter challenged one of the assumptions that had supported markets earlier in the year. Economic growth and corporate earnings remained resilient, but inflation moved higher again as the conflict in the Middle East drove a sharp rise in energy prices. Central banks responded, bond yields rose and the prospect of steadily falling interest rates was pushed further into the future.
In this edition, TAM Europe's Chief Investment Officer, Eric Silvestre, discusses the key economic and market developments shaping our outlook and opportunities.
Read the full Quarterly Investment Perspective here
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