Global Markets
From the Global Market Strategy Team: How a U.S. government shutdown hits the strategist desk Get Our Insights >
Smart insights drive stronger portfolios
We leverage proprietary research and collaborate with investment teams across New York Life Investment Management to offer timely answers to the questions facing investors today in key areas:
Chart of the Week: Halloween Special: The AI Boom Gets Spooky
WEEK OF November 1, 2026
Happy Halloween! Artificial intelligence was once the stuff of science fiction. Now, it’s a part of everyday life. But some of the fears surrounding it seem straight out of a horror movie. The promise of greater productivity and abundance comes with worries about job losses, a debt-fueled investment boom, and whether humans can maintain control of the machines.
For this year’s Halloween special, the GMS team has rounded up some of AI’s scariest charts: from risks already emerging to scenarios we hope stay fictional. Dive in… if you dare. 🎃👻🤖
Read Macro Pulse Report: Dog Days, Data Shifts
Follow the Capital: A Dive into AI Buildout Financing
AI investment continues to accelerate, but the financing behind the buildout is evolving. The Global Market Strategy team explores how capital is flowing across public and private markets, the growing focus on investment returns, and what it means for positioning across equities and credit.
Three Paths for Iran, High Stakes for Markets
Eight months into the Iran conflict, rising energy costs are fueling inflation concerns. ‘Macro Mike’ LoGalbo explores three potential outcomes and what they mean for portfolio positioning.
Follow the Capital: A Dive into AI Buildout Financing
Three Paths for Iran, High Stakes for Markets
2025 | Trust or Bust: The Next Era of Global Debt Sustainability
The choices governments make will shape long-term capital markets assumptions around inflation, interest rates, and potential growth; and will influence asset allocation.
A global debt sustainability framework:
Private Markets
Navigate the next phase of global private markets
Key investor questions:
- How does an extended but maturing private markets cycle change where investors should be selective across private equity, private credit, real estate, and real assets?
- Where are the most compelling opportunities as policy support, easing financial conditions, and elevated long-term rates reshape valuations, deal activity, and underwriting discipline?
- How are global transitions such as AI, digitization, electrification, and supply chain reconfiguration creating long-term, capital-intensive opportunities across private markets?
Prospective investors should be aware that investments in private funds or alternative investment strategies are suitable only for qualified investors who do not require liquidity and who can bear the economic risk, including the potential for a complete loss, of their investment. Investors are encouraged to consult their tax or legal advisors before making such investments.
Video: Private Markets Outlook - Extending the Cycle
About Global Market Strategy
Our team of market strategists connects macroeconomics to asset allocation. We provide actionable insight into market-driving events, structural themes, and portfolio construction to empower investment decision-making.
Julia Hermann, CFA
Global Market Strategist
Michael LoGalbo, CFA
Global Market Strategist
Sarah Hirsch
Global Market Strategist
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