Market Know-How 2Q 2026

Markets are entering a new resource reality, where geopolitics, AI, and electrification are pushing demand for critical minerals faster than supply can adapt. This creates opportunities for investors in companies tied to sourcing, processing, recycling, grid buildout, defense supply chains, and the infrastructure behind data centers and clean energy.

At the same time, the outlook is more volatile than usual. Higher inflation risk, elevated rates, and regional conflict could pressure growth and keep commodity prices unstable. Europe and Japan look more exposed to supply-chain shocks than the US or China.

For portfolios, the message is to stay selective and balanced. Tactical defensiveness may be prudent near term while keeping long-term exposure to structural themes such as energy transition infrastructure, green bonds, industrial reshoring, and resource circularity.