The S&P 500’s worst day and the best day that followed have something in common: you can’t predict either one. The table below underscores the risk of stepping out of the market during periods of heightened volatility. While selling after a sharp decline may feel like a way to avoid further losses, some of the market’s biggest gains have historically occurred soon after its biggest drops. For example, in 2020 and 2025, the S&P 500’s best day after the year’s worst came just six and three trading days later, respectively.

Artificial intelligence (AI) is driving one of the largest investment cycles in decades. The companies building the infrastructure that underpins AI – from semiconductors and manufacturing equipment to cloud platforms and data centers – are attracting significant attention as organizations invest heavily to develop and deploy the technology.

On the face of it, Q3 2026 looked uneventful — market returns were relatively muted, and the headlines stayed fixed on bond yields, interest rates, and energy prices. But as Walter Scott's latest global update explains, there was plenty of movement beneath the surface.

Persistent inflation and rising infrastructure demand are reshaping portfolios. We explore how global infrastructure may support income, diversification and long-term growth.

Value equities have historically shown resiliency during higher inflationary periods versus their growth counterparts. With inflation remaining elevated, we believe that value opportunities continue to be a compelling option for portfolio diversification and potential stability.

Explore the 2027 changes and what they could mean for insurers across capital requirements, governance expectations and investment flexibility.