Investment Snapshot November 2026

Key takeaways from our November Snapshot

• Equity indices struggled in October, but the standout performer was Switzerland – up nearly 8% in dollar terms.
• While AI dominated the headlines, several other sectors were quietly moving ahead. European healthcare shares gained more than 15%. Consumer staples also rose nearly 14% as investors sought more dependable earnings.
• October brought a stabilization in bonds with the US 10 year yield dropping about a third of a percent. Both the Fed and ECB held rates steady, although both signalled that they remain attentive to inflation.