资本集团（Capital Group）：2026年投资展望报告：长期视角下的市场与经济分析（英文版）

Resilience looks like the overarching economic theme for 2026, after a year of uncertainty and slowing growth. In our view, investors should expect improved economic stability in the year ahead, with the potential for reacceleration in the second half, as the path of global trade comes into clearer focus. The U.S. has negotiated trade deals with many countries, and tariffs generally have settled at much lower rates than initially feared. “The clearer picture on tariffs should free up business