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Markets & the Economy: Wall Street’s 2026

This content does not reflect any recommendations of Baird.

The market’s benign churn has left a sort of bland baseline bullishness for 2026 intact.

Possible swing factors…

Would a ‘broader’ market truly be better?

Can huge onrushing demand for AI capital be met?

Is bitcoin now ‘normal’ money with less speculative juice?

Screenshot of a table showing Baird's ETF Trading Flows Weekly Summary for dates December 22-26, 2025

Add it to the ETF Line Up

New Filings: JPM, Bitwise

JPMorgan filed yield versions of JEPI & JEPQ ETFs…which also give out distributions that will be return of capital

  • JPMorgan Equity Premium Yield ETF
  • JPMorgan Nasdaq Equity Premium Yield ETF

New cryptocurrency ETF filed…

  • Bitwise Sui ETF

ETF Check Up: Flowdown

BlackRock held its 1% lead over Vanguard in US ETF market share this year…Screenshot of a line chart of Assets under Management

ETF Buzz…Screenshot of a timeline showing Roundtrip of S&P 500 Targets showing strategists year-end estimates for 2025

Chart of the Year Candidate…

  • Wall Street strategists’ year end target on SP500 at different points throughout year~ Nobody. Knows. AnythingScreenshot of a line chart showing Roundtrip of S&P 500 Targets showing strategists year-end estimates for 2025