Are investors swimming in the right water?

Orbis Investments In its latest thought leadership report, Six Courageous Questions for 2026, Orbis explores some of the major forces shaping markets. The report challenges assumptions ranging from US market concentration and the real economics of AI to the vulnerabilities of the US dollar. In his feature, portfolio manager Graeme Forster asks whether investors are swimming in the right water? For well over a decade, global markets have been defined by mercantilist policies, cheap currencies, export-led growth and the gravitational pull of US assets. Now the currents are changing. Domestic...