Commentary

Q1 2026 Quarterly Sector and Investment Research Update

Read the full report for current views on market trends and sector investing for the quarter.

By: Denise Chisholm

Updated: 2/5/2026

Key Takeaways

High valuations don't automatically mean the market is in a bubble.
Investor fear is unusually high. Historically, high levels of investor fear have often preceded periods of strong market returns.
Consumer pessimism is also unusually high, which has historically been a positive contrary indicator for consumer discretionary stocks.

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Quarterly Sector and Investment Research Update - Q1 2026

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