Fiera Capital Global Asset Allocation - October 2026 Market Update

Impact · against what's priced in

The market update confirms existing headwinds from high oil prices and rising bond yields, which are already reflected in current valuations. Technology remains a relative strength, but the overarching macro environment of sticky inflation and geopolitical tension provides no new positive catalysts for broad indices.

Scored by the NIS engine · methodology.

• inflation▲47%
• geopolitics
• oil
• asset allocation
• bond yields
• bonds
• market outlook
• sp 500
• technology