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Market Outlook 2026: Will the party continue?

2025 was the third consecutive year with solid returns in the stock market. Themes such as artificial intelligence (AI), finance, health, emerging markets, defense, energy, gold prices, USD/NOK, and lower interest rates were among the factors that drove the development. What can we expect in 2026 for investments in stocks and bonds?

Subtitles: Captioned in the original language and translated into other languages with the help of AI. We accept no liability for any linguistic errors in the translation. Select a language, or turn subtitles on/off, by starting the video and clicking the speech bubble in the bottom right corner.

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The webinar will cover the most important topics that a broadly diversified investor will be interested in heading into 2026:
- Artificial Intelligence: Valuation and future earnings
- Geopolitics and its significance for you as an investor
- The key sectors: Defense, Energy, Health, and input factors such as metals/raw materials
- Concentration risk: Large Cap vs Small Cap, Europe vs USA vs Emerging Markets

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Torje Gundersen

Torje Gundersen is Head of the Tactical Asset Allocation Team (TAA).

Torje joined DNB Asset Management in 1998. Torje has accumulated close to 20 years experience in the industry and is the head portfolio manager for allocating portfolios. Before joining the tactical asset allocation group in 2007, Torje worked as a key account manager for the internal distribution of funds for 5 years. He began his career in 1998 at Postbanken as an advisor.

Torje holds a bachelor degree in business administration from the Norwegian School of Management (BI) in Oslo. Later he has obtained studies to become both Advanced Portfolio Manager and Interest Rate Analyst from NFF.

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This is marketing material. Past performance is not a guarantee of future returns. Returns may be negative due to falling market values.