Weekly Strategy Perspectives: Rebalancing the World Order
BMO Private Wealth - Oct 16, 2026
Our views on investment strategy, given the events of the past week and their impact on equity and fixed income markets.
“World order cannot be achieved by any one country acting alone. To achieve a genuine world order, its components, while maintaining their own values, need to acquire a second culture that is global, structural, and juridical – a concept of order that transcends the perspective and ideals of any one region or nation.”
– Henry Kissinger, World Order: Reflections on the Character of Nations and the Course of History
The Through Line: In recent days, global crosscurrents have been feeding investor agita. For that we can thank a news flow gripped by ongoing trade tensions, rising interest rates, bloated sovereign budgets and the inflationary impact of two hot wars. It’s worth remembering that, under the hood, the world remains an increasingly interconnected place – despite a constant reconfiguration of the ground rules. The current pace of change certainly feels intense. Seen from a longer perspective, however, global activity has been continually evolving for millennia. We highlight a few of the most impactful themes currently in motion, theorizing how they could craft a more constructively balanced future state.
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