Market Update 3 November 2026, with columns by Harry Geels, Amba Zeggen, Joeri de Wilde and Frans Verhaar
Market Update 3 November 2026

Frans Verhaar: Subject the entire portfolio to an AI stress test

AI risks extend beyond equities. Growing exposure in bond portfolios and private financing makes portfolio-wide stress testing essential to uncover hidden concentrations.

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Amba Zeggen: Practice breeds resilience

Discussing geopolitical risks is one thing, being prepared for them is quite another. Targeted crisis exercises highlight vulnerabilities and strengthen resilience.

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Joeri de Wilde: A green revolution does not equal phasing out fossil fuels

There is a strong desire for climate optimism. However, the rise of clean energy does not yet equal a phase-out of fossil fuels.

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Harry Geels: Political opponents sometimes turn out to be allies

Why do political opponents sometimes vote the same way? A vote on the European right of veto illustrates why the traditional left-right divide falls short.

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