Geopolitics and AI to Fuel Volatility in 2026, JPMorgan Finds
Protesters demonstrate in Nuuk, Greenland, on Jan. 17.
Clashes between global powers will fuel further market swings over the coming year, according to a JPMorgan Chase & Co. survey, with developments in artificial intelligence also top of traders’ minds.
The proportion of respondents who see geopolitical tensions having the biggest impact on financial markets this year more than doubled from 2025 to 41%, the Wall Street bank’s annual electronic trading poll found. Technological innovation, such as AI advances, came second at 19%. Interest rate policy was third at 13%.