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EMAIL DIGESTS
Daily
Every morning
Weekly
Tuesday recap
March’s markets pivoted from a geopolitical flashpoint to broader macro pressures, as the Iran‑related conflict drove energy, fertilizer and helium price spikes while inflating inflation expectations. Simultaneously, AI‑related anxieties sparked redemption activity in private‑credit and SaaS‑heavy private‑equity funds, though underlying fundamentals remain intact. The fallout highlighted the resilience of “HALO” (Heavy Assets, Low Obsolescence) companies and evergreen credit structures that limit forced sales. Investors now watch how supply‑chain disruptions filter through earnings, consumption and liquidity over the coming months.
Washington enacted a 9.9% “millionaires’ tax” on household income above $1 million, effective 2028 with payments beginning 2029. Proponents estimate the levy will generate $3‑4 billion annually to fund education, childcare and low‑income tax credits. The measure includes exemptions for family‑owned businesses,...
