Charles Payne: Markets Swing Between Greed and Fear — 2026 Equity Outlook


Charles Payne breaks down market sentiment drivers and where 2026 equity returns may come from on Making Money.

Editorial companion

What stands out

Charles Payne opened Making Money by saying markets continue to swing between greed and fear, and then translated that familiar binary into a 2026 equity outlook. He is not offering a prediction so much as a lens: where investors feel greedy they chase momentum, where they feel fearful they hide in cash or bonds, and those oscillations often determine where returns are concentrated. For anyone trying to separate market noise from durable opportunity, Payne’s short framing is a useful reminder that sentiment still moves prices even when fundamentals do not.