An annual collection of themes and trends shaping the economy and capital markets. The Corporate Compass from J.P. Morgan’s Corporate Finance Advisory informs and supports strategic decision-making in 2026.

The generative AI investment theme is creating the largest moat in market history. Michael Cembalest explores four medium-term risks: U.S. power generation constraints, China scaling the moat on its own, Taiwan and a “metaverse moment” for hyperscaler profits.

While economic uncertainty persists, commercial real estate’s strong fundamentals position the industry for success in the year ahead.

Against a backdrop of uneven monetary policy, relentless AI expansion and intensifying market polarization, what’s the outlook for equities, commodities, currencies and more?

Gold prices surged in 2025 due to trade tensions, central bank and ETF demand. What is the gold price forecast for 2026 and beyond?

Learn from Ginger Chambless, head of Market Insights for Commercial Banking, about the trends expected to shape the year ahead—including AI-driven investment, consumer and business spending, policy developments and more.

A seminal new cycle is dawning that will be defined by the promise and pressure of three big forces: AI, fragmentation and inflation.

See our forecasts and potential investment opportunities amidst the evolving economic and market landscapes.

CFOs and treasurers in APAC share their views on the economy and business priorities for 2026 in a new J.P. Morgan survey.