--- title: 2025 Review & 2026 Outlook description: Vineyard Global Advisors review 2025's market performance and provide an outlook for 2026, highlighting economic strength, inflation concerns, and expected market pullbacks. Watch the full webinar recording. image: https://blog.vineyardglobaladvisors.com/hubfs/VGA_Hero.jpg --- [![Vineyard Global Advisors](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Vineyard_GlobalAdvisors_logo_transparent.png?width=250&height=87&name=Vineyard_GlobalAdvisors_logo_transparent.png "Vineyard Global Advisors")](https://www.vineyardglobaladvisors.com/) - [Home](https://www.vineyardglobaladvisors.com) - [Our Firm](https://www.vineyardglobaladvisors.com/our-firm) - [Philosophy](https://www.vineyardglobaladvisors.com/our-philosophy) - Strategies - [Strategy Overview](https://www.vineyardglobaladvisors.com/strategies) - Equity Alpha - [Quantitative Value](https://www.vineyardglobaladvisors.com/quantitative-value) - [Quantitative Growth](https://www.vineyardglobaladvisors.com/quantitative-growth) - [Sector Rotation](https://www.vineyardglobaladvisors.com/sector-rotation) - [Style Flex](https://www.vineyardglobaladvisors.com/style-flex) - [Optimized Equity Alpha](https://www.vineyardglobaladvisors.com/optimized-equity-alpha) - [Enhanced S&P 500](https://www.vineyardglobaladvisors.com/enhanced-500) - Income - [Russell 3000 Enhanced Dividend](https://www.vineyardglobaladvisors.com/russell-3000) - [Dynamic Yield](https://www.vineyardglobaladvisors.com/dynamic-yield) - [Risk Managed Income](https://www.vineyardglobaladvisors.com/risk-managed-income) - [Global Fixed Income](https://www.vineyardglobaladvisors.com/global-fixed-income) - Asset Allocation - [Advantage Plus Series](https://www.vineyardglobaladvisors.com/advantage-plus-series) - [Allocation Plus Series](https://www.vineyardglobaladvisors.com/allocation-plus-series) - [ETF Advantage Series](https://www.vineyardglobaladvisors.com/etf-advantage-series) - Insights - [Market Commentary](https://blog.vineyardglobaladvisors.com/commentary) - [Quarterly Webinars](https://blog.vineyardglobaladvisors.com/commentary/tag/webinars) - [In The News](https://blog.vineyardglobaladvisors.com/blog/tag/in-the-news) - [Blog](https://blog.vineyardglobaladvisors.com/blog) - [For Advisors](https://www.vineyardglobaladvisors.com/wealth-advisors) - Contact - [Contact Us](https://www.vineyardglobaladvisors.com/contact-us) - [Request for Proposal](https://www.vineyardglobaladvisors.com/request-for-proposal) ![VGA_Hero](https://blog.vineyardglobaladvisors.com/hubfs/VGA_Hero.jpg) [Market Updates](https://blog.vineyardglobaladvisors.com/commentary/tag/market-updates) | [Webinars](https://blog.vineyardglobaladvisors.com/commentary/tag/webinars) | 1 min read # 2025 Review & 2026 Outlook Written by [VGA Investment Team](https://blog.vineyardglobaladvisors.com/commentary/author/vga-investment-team) February 06, 2026 ## Enjoy the Vineyard Global Advisors    2025 Review & 2026 Outlook ## **T**om Samuelson, Chief Investment Officer at Vineyard Global Advisors, along with portfolio manager Kendall Dilley, review 2025 and our outlook for 2026. ## Watch the Recording here:   ## Highlights - 2025 followed our expectations, good but volatile. - The economy is showing strength across the board with stable employment and strong GDP. There are some concerns about lingering inflation and AI job losses, but those have yet to appear. - Valuations are still high, we expect to see a 10-15% pullback in 2026, but another solid year. ## Read our Detailed Report Below: [![2025_Review___2026_Outlook_Final Cover](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/2025_Review___2026_Outlook_Final%20Cover.png?width=800&height=618&name=2025_Review___2026_Outlook_Final%20Cover.png)](https://blog.vineyardglobaladvisors.com/hubfs/2025_Review___2026_Outlook_Final_Website.pdf) Stay updated with our latest analyses and market outlooks by [subscribing to our newsletter.](https://www.vineyardglobaladvisors.com/contact-us) Presenters: [Tom Samuelson,](https://www.vineyardglobaladvisors.com/our-firm/thomas-samuelson) CFA, CMT, Chief Investment Officer, Vineyard Global Advisors [Kendall Dilley,](https://www.vineyardglobaladvisors.com/our-firm/kendall-dilley) CFA, CMT Portfolio Manager, Vineyard Global Advisors Researcher: [Sam Caylor,](https://www.vineyardglobaladvisors.com/our-firm/samuel-caylor) CMT, Investment Analyst & Senior Trader, Vineyard Global Advisors [![View Our Strategies](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/19651629/0f0d02a1-ab92-4994-b098-68cb6f2bae33.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/19651629/0f0d02a1-ab92-4994-b098-68cb6f2bae33) [![Contact Us Today](https://hubspot-no-cache-na2-prod.s3.amazonaws.com/cta/default/19651629/542864bc-0da7-4a08-9f27-df9bac129224.png)](https://hubspot-cta-redirect-na2-prod.s3.amazonaws.com/cta/redirect/19651629/542864bc-0da7-4a08-9f27-df9bac129224) Investment advisory services are provided through Integrated Advisors Network, LLC (“Integrated”) a registered investment advisor. Registration does not imply a certain level of skill or training. Vineyard Global Advisors, LLC is a practice group of Integrated. The opinions expressed herein are those of Vineyard Global Advisors and are subject to change without notice. This material is not financial advice or an offer to sell any product. Forward-looking statements cannot be guaranteed. This document may contain certain information that constitutes “forward-looking statements” which can be identified by the use of forward-looking terminology such as “may,” “expect,” “will,” “hope,” “forecast,” “intend,” “target,” “believe,” and/or comparable terminology. No assurance, representation, or warranty is made by any person that any of Vineyard’s assumptions, expectations, objectives, and/or goals will be achieved. Nothing contained in this document may be relied upon as a guarantee, promise, assurance, or representation as to the future. Vineyard Global Advisors is an investment adviser registered with the U.S. Securities and Exchange Commission. Registration does not imply a certain level of skill or training. *Investment advisory services offered through Integrated Advisors Network, LLC (“Integrated), a registered investment advisor. Vineyard Global Advisors is a DBA of Integrated.* There is no guarantee that the investment objectives will be achieved. Moreover, past performance is not a guarantee or indicator of future results. Does not constitute advice or a recommendation or offer to sell or a solicitation to deal in any security or financial product. It is provided for information purposes only and on the understanding that the recipient has sufficient knowledge and experience to be able to understand and make their own evaluation of the proposals and services described herein, any risks associated therewith and any related legal, tax, accounting or other material considerations. Integrated is registered with the Securities and Exchange Commission (SEC). Registration of an investment adviser does not imply any specific level of skill or training and does not constitute an endorsement of the firm by the Commission. Business is only transacted in states in which it is property registered or is excluded or exempted from registration. A copy of Integrated's and VGA's current written disclosure brochure filed with the SEC which discusses among other things, business practices, services and fees, is available through the SEC's website at: [www.adviserinfo.sec.gov](https://adviserinfo.sec.gov/?utm_campaign=advisor%20blog%20notices&utm_source=hs_email&utm_medium=email&_hsenc=p2anqtz-_vpysuhnv4rc3vj_dwz7lfh1rhhvpg9b9prvrlvy2m14u-a7zh16kobozkhnzfjzjma367) Previous [← December Seasonality](https://blog.vineyardglobaladvisors.com/commentary/december-seasonality) Next [2026 First Quarter Review →](https://blog.vineyardglobaladvisors.com/commentary/2026-first-quarter-review) ## You May Also Like These Perspectives on Market Updates [![Cover Photo](https://blog.vineyardglobaladvisors.com/hubfs/social-suggested-images/Cover%20Photo.png)](https://blog.vineyardglobaladvisors.com/commentary/2026-halftime-report) [Market Updates](https://blog.vineyardglobaladvisors.com/commentary/tag/market-updates) ### [2026 Halftime Report](https://blog.vineyardglobaladvisors.com/commentary/2026-halftime-report) August 12, 2026 | 1 min read [![ft-img-new-bull-market-1](https://blog.vineyardglobaladvisors.com/hubfs/ft-img-new-bull-market-1.jpg)](https://blog.vineyardglobaladvisors.com/commentary/tom-samuelson-on-money-life-with-chuck-jaffe-june-2026) [Market Risk](https://blog.vineyardglobaladvisors.com/commentary/tag/market-risk) ### [Tom Samuelson, CFA, CMT on Money Life with Chuck Jaffe](https://blog.vineyardglobaladvisors.com/commentary/tom-samuelson-on-money-life-with-chuck-jaffe-june-2026) June 16, 2026 | 1 min read [![Cover Photo](https://blog.vineyardglobaladvisors.com/hubfs/social-suggested-images/Cover%20Photo.png)](https://blog.vineyardglobaladvisors.com/commentary/2026-first-quarter-review) [Market Updates](https://blog.vineyardglobaladvisors.com/commentary/tag/market-updates) ### [2026 First Quarter Review](https://blog.vineyardglobaladvisors.com/commentary/2026-first-quarter-review) May 05, 2026 | 1 min read ### Subscribe to Vineyard Commentary ![Vineyard_GlobalAdvisors_logo_white](https://blog.vineyardglobaladvisors.com/hs-fs/hubfs/Vineyard_GlobalAdvisors_logo_white.png?width=200&name=Vineyard_GlobalAdvisors_logo_white.png) 9800 Mt. Pyramid Ct. Suite 400 Englewood, CO 80112 [info@vineyardglobaladvisors.com](mailto:info@vineyardglobaladvisors.com) - [Our Firm](https://www.vineyardglobaladvisors.com/our-firm) - [Our Philosophy](https://www.vineyardglobaladvisors.com/our-philosophy) - [Insights](https://blog.vineyardglobaladvisors.com/commentary) - [Contact Us](https://www.vineyardglobaladvisors.com/contact-us) - [Privacy Policy](https://blog.vineyardglobaladvisors.com/hubfs/Regulatory/Privacy_Policy.pdf) - [Form ADV 2](https://blog.vineyardglobaladvisors.com/hubfs/Regulatory/VGA_ADV_Part%202A_2B.pdf) - [Wrap Brochure](https://blog.vineyardglobaladvisors.com/hubfs/Regulatory/VGA_WRAP_Brochure.pdf) - [Form CRS](https://blog.vineyardglobaladvisors.com/hubfs/Regulatory/VGA_Form_CRS.pdf) Vineyard Global Advisors, LLC (“the Adviser”, “Vineyard Global Advisors”, or “VGA”) is a DBA of Integrated Advisors Network, LLC (“Integrated”). Integrated is an SEC registered investment advisor. Registration does not imply a certain level of skill or training. VGA is affiliated with, but not under common control of, Integrated. More information about Vineyard Global Advisor, including our investment strategies, fees and objectives, can be found in our Form [ADV Part 2A](https://blog.vineyardglobaladvisors.com/hubfs/VGA%20ADV2B.pdf) and our Form CRS. ### Subscribe to Vineyard Commentary Copyright © 2026 | Vineyard Global Advisors LLC | All Rights Reserved. ## Heading Text Lorem ipsum dolor sit amet, consectetur adipiscing elit. Cras eu mauris dapibus ante interdum tempor non eu metus. Vestibulum ante ipsum primis in faucibus orci luctus et ultrices posuere cubilia curae; Sed lobortis sodales consequat. [Call To Action 01](http://crawfordinvestment-8881895.hs-sites.com/) [Call To Action 02](http://crawfordinvestment-8881895.hs-sites.com/) ```json { "@context" : "https://schema.org", "@type" : "VideoObject", "caption" : { "@type" : "MediaObject", "contentUrl" : "https://blog.vineyardglobaladvisors.com/media-transcripts/207051797659/en.vtt", "inLanguage" : "en", "name" : "en Captions" }, "contentUrl" : "https://19651629.fs1.hubspotusercontent-na2.net/hubfs/19651629/2025%20Review%20&%202026%20Outlook.mp4", "dateModified" : "2026-02-09T16:55:15.798Z", "description" : "Join us for a detailed analysis of the 2025 year-end review and the outlook for 2026 as Tom Samuelson, Chief Investment Officer, and Kendall Dilley, Portfolio Manager, share their insights on market trends and investment strategies.\n\nIn this video, we cover:\n\n- **2025 Performance Overview**: A recap of a year marked by volatility, driven by the Trump administration's policies, including tariffs and deregulation that influenced investor confidence and market performance.\n \n- **2026 Predictions**: Insights into expected market conditions, highlighting the potential for a pullback due to stretched valuations, while remaining optimistic about the U.S. economy's resilience and growth prospects.\n\n- **Economic Indicators**: An analysis of strong economic growth, resilient consumer behavior, and moderating inflation, with expectations of further earnings growth and Federal Reserve actions in the coming year.\n\n- **Market Dynamics**: Discussion of the AI bull market and its parallels with past market trends, as well as the implications of valuation resets and interest rate fluctuations.\n\n- **Investment Strategy**: An overview of Vineyard's barbell approach, balancing exposure to secular growth themes and cyclical value, with a focus on sectors poised for growth, including technology, financials, and housing.\n\nKey takeaways include actionable insights on navigating market volatility, understanding the importance of economic indicators, and strategies for optimizing your investment portfolio in 2026. \n\nTune in for a comprehensive understanding of the current investment landscape and how to position your portfolio for success in the upcoming year. 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