Spartan Capital Publishes 2026 Economic Outlook, Highlighting Volatility, Resilience, and Emerging Opportunities

In a recent release, Spartan Capital Securities, LLC anounced its highly anticipated 2026 Economic Outlook, offering a forward-looking assessment of the U.S. economy and global financial markets. The report projects a difficult start to the year, followed by strengthening economic momentum as 2026 progresses, with inflation remaining persistent and markets presenting both volatility and selective opportunity.

The outlook is authored by Peter Cardillo, Chief Market Economist at Spartan Capital, and is part of the firm’s annual analysis of prior market performance, macroeconomic conditions, and sector-level trends. Each year, the report is closely followed by investors, analysts, and members of the financial media seeking insight into the year ahead.

According to the report, economic activity is expected to remain subdued through the first half of 2026, as labor market pressures and tariff-related cost impacts continue to weigh on growth. Conditions should begin to improve during the second quarter as tax benefits take effect, supporting household demand and broader economic activity. For the full year, Spartan Capital Securities projects real GDP growth to average approximately 1.85 percent per quarter, with growth accelerating into year-end.

While near-term headwinds persist, the outlook emphasizes improving fundamentals later in the year. Gradual shift toward stronger growth as economic pressures ease and demand stabilizes, creating a more constructive environment in the second half of 2026.

From an investment perspective, the report identifies targeted opportunities across several asset classes. Equity markets are expected to trend higher overall, despite a potential market correction of roughly ten to fifteen percent anticipated in the late first quarter or early second quarter. This correction is viewed as a valuation reset that could pave the way for a strong finish to the year, with the S&P 500 projected to reach 7,300 or higher.

In energy markets, elevated production levels and modest demand growth are expected to remain key drivers. U.S. output is forecast to continue increasing, while OPEC+ production adjustments during the second and third quarters may help maintain market balance. Crude oil prices are projected to average approximately $67 per barrel in 2026.

Precious metals are expected to remain a standout area. Gold is projected to trend toward $5,000 per ounce, supported by geopolitical tensions, rising government deficits, and sustained central bank demand. Silver is also expected to perform strongly, with a 2026 price target of $75 per ounce driven in part by expanding industrial usage.

The U.S. dollar is anticipated to experience wider trading ranges as trade dynamics, monetary policy shifts, and foreign exchange risks shape currency markets. The Dollar Index is projected to trade within a range of approximately 90 to 100. Meanwhile, fixed-income markets are expected to remain volatile, with tariff-related inflation pressures and evolving monetary policy continuing to influence bond market performance throughout the year.

Overall, Spartan Capital’s 2026 Economic Outlook underscores a year defined by early challenges, midyear transition, and strengthening momentum, positioning informed investors to navigate uncertainty while identifying strategic opportunities.

John Lowry, Spartan Capital’s Chief Executive Officer, echoes the outlook’s measured tone. “The 2026 outlook reflects a period of adjustment and opportunity. Market conditions continue to evolve, and disciplined analysis remains critical for investors navigating this environment.”

Spartan Capital Securities LLC, Member FINRA/SIPC/MSRB

Spartan Capital Securities, LLC is a full service investment banking firm offering a comprehensive range of advisory services to institutional clients and high net worth individuals. Known for its expertise in capital raising, strategic advisory, and asset management, Spartan Capital delivers tailored solutions to meet clients’ financial objectives.