The long-awaited market "rotation" has finally moved from a trader's theory to a structural reality. As of mid-March 2026, the dominance of mega-cap technology stocks is being replaced by a more egalitarian rally, characterized by the dramatic outperformance of the Russell 2000 and the S&P 500 Equal Weight Index
The economist said that if President Donald Trump is serious about short-term pain for long-term gain, he should ask for $50B in other spending cuts or tax hikes.
U.S. West Texas Intermediate (WTI) crude futures maturing in May traded 3% higher at nearly $97 a barrel, and Brent crude futures expiring in May increased 2% at $102 a barrel.
According to a Reuters report citing a senior Iranian official, Khamenei had a “very tough and serious” stance on revenge against the U.S. and Israel as the Iran war entered its third week.
Analysts are still very upbeat, following a host of product announcements and a significant $1 trillion sales forecast from Nvidia. The stock is, however, muted.
The Wall Street Journal reported on Monday, citing people familiar with the matter, that the SEC is looking to do away with the need to report earnings every quarter, instead giving companies the choice to report its results only two times in 12 months.
Addressing reporters while participating in a lunch with the Trump Kennedy Center board members, President Trump called out Powell for what he termed as being “late” with easing interest rates.
Yardeni explained that, unlike previous selloffs driven by economic cycles, this downturn risk is rooted in geopolitics, something policymakers may struggle to counter.
Trump denied reports of Iran using Kamikaze boats, the USS Abraham Lincoln Aircraft Carrier suffering damage, and Iran downing as many as five U.S. refueling planes.
