2026 Q1 outlook video

Economic outlook: CIBC experts on the year ahead


2025 marked the third consecutive year of strong market returns, raising two key questions: What factors drove this sustained performance, and can it continue into 2026? Chief Investment Officer Gary Pzegeo, CFA, and Head of Fixed Income Tim Musial, CFA, share their insights on the conditions that shaped recent market trends and discuss their expectations for the year ahead.