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Deutsche Bank

June 5, 2026

Megatrends

Macro ThematicMacro Economic IndicatorsOther

This report examines six global megatrends that have become defining forces in the post-zero-interest-rate environment. The authors argue that the next five years will be defined by the competition between AI-driven productivity and rising sovereign deficits.

Key Takeaways

  • 1.Six identified megatrends have become a key defining force in economies and markets as interest rates have normalized.
  • 2.The defining feature of the next 5 years for developed economies will be the push-pull between technology (specifically AI) and sovereign deficits.

Table of Contents

  • DB CoTD: Megatrends
  • Important Disclosures
  • Analyst Certification

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