Markets & the Economy: 2026 Playbook
This content does not reflect any recommendations of Baird.
A high torque rotation into economically sensitive stocks post Fed offsetting another wobble in the AI theme.
The market’s been pressing its bets on a reacceleration into 2026, as ‘run it hot’ policies kick in.
Is the stampede into value looking a bit panicky yet?
Add it to the ETF Line Up
New Launches: (week ending 12/19) one highlight…
- RONB~ Baron First Principles ETF; run by the only active manager (out of thousands) to beat the QQQ’s over the past 15 years
New Filings: Vanguard
- BNPL~ VegaShares Buy Now, Pay Later ETF; will invest in banks, savings & loans, diversified financial services co’s and mortgage banks
Vanguard filing for a Developed Markets ex-US Growth Index ETF; interesting and pretty specific for them (that’s how big US growth is getting-people likely requesting something that tracks everything but that)
ETF Check Up: FlowShow
2026 Crypto Predictions from Hashdex…
Top 10 ETFs by inflows this year…
- Vanguard SP500 ETF absolutely killing the annual inflow record
- Notable that iShares Bitcoin ETF is #5 and SPDR Gold ETF is #7 on the leaderboard
Investors clearly still pursuing May 7 exposure…
Fun Fact: It’s Last-Minute Shopper’s Day