The private bank argues that growing investment needs are replacing excess savings as the dominant economic force, creating opportunities across equities, bonds and infrastructure despite geopolitical and inflation concerns.

Julius Baer’s Market Outlook Mid-Year 2026: From Glut to Grab , published on 16 June, argued that the global economy is entering a new phase in which rising demand for capital is replacing the excess-savings environment that characterised the post-financial-crisis era. Julius Baer  noted that   the global economy has remained remarkably resilient The bank believes growing investment needs in defence, energy, artificial intelligence (AI) infrastructure and supply-chain resilie