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Investment Weekly

Policy uncertainty returns!
27 February 2026

    Chart of the week – Policy uncertainty returns!

    Chart of the week – Policy uncertainty returns!

    The only certainty is uncertainty! The policy uncertainty index spiked this week on the recent trade and Fed headlines. But financial markets appear unconcerned – US stocks are range-trading, the VIX volatility index is relatively low at 20, and credit spreads are at multi-decade tights. So, what should investors make of it all?

    Market Spotlight

    • Springing into action

    Lens on…

    • Treasury market puzzle
    • Software-mageddon
    • Cape of good growth

    Read the full commentary PDF, 3.35MB