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Market Insights

Positioning the U.S. in a deglobalizing,
AI-driven world


After an unpredictable 2025 marked by tariffs, market volatility and the longest government shutdown in U.S. history, 2026 has begun with new momentum. Economic growth is firming and likely will accelerate and policy shifts are largely behind us. Yet the landscape is far from simple.

Our 2026 Annual Outlook explores how the U.S. is repositioning itself in a deglobalizing world, why AI and energy capacity will define the next decade of growth and where investors may find opportunities as global markets evolve.

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The resurgence of American manufacturing

U.S. economic growth is expected to rebound in 2026, with GDP around 2% when adjusted for inflation. A stabilizing job market, rising real incomes and continued business investment—particularly in AI, datacenters, manufacturing and power infrastructure—should support steady, durable expansion.
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Construction worker welding in an underground environment with sparks flying.

Is the US leading the dance of deglobalization?

Deglobalization is continuing, as nations reorganize supply chains through reshoring and friend shoring, while geopolitical alignments continue to shift. These structural changes may introduce inefficiencies, yet they also present new regional opportunities in manufacturing, energy and technology.
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Cargo ship sailing on open water on a clear day.

What's ahead for AI, the economy and more

BOK Financial® Chief Investment Officer Brian Henderson, Director of Alternative Investments Mark Buntz and Alternative Investments Analyst Rich Castleberry discuss AI’s influence on economic trends and emerging investment opportunities. (October 9, 2025)

What is ahead for AI the economy and moreWhat's ahead for AI, the economy and more
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Steve Wyett breaks down the cause and effect of the supply chain disruptions, Insights on Supply Chain and Labor Woes
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