Top stocks to buy (AI image)Stock market recommendations: Coal India, and State Bank of India (SBI) are the top stock recommendations by Motilal Oswal Financial Services Ltd for this week starting March 16, 2026. Stock nameCMP (Rs)TP (Rs)UPSIDE (%)Coal India46752011%SBI1047130024%Coal IndiaCoal India remains well positioned to benefit from improving global and domestic coal market dynamics. Elevated LNG prices and tight global gas supply are prompting utilities to shift from gas-based generation toward coal ...

March 15, 2026 08:36 PM GMT Investor Presentation | Asia Pacific Morgan Stanley Asia Limited Robin Xing Chief China Economist Robin.Xing@morganstanley.com +852 2848-6511 Jenny Zheng, CFA Economist Jenny.L.Zheng@morganstanley.com +852 3963-4015 For important disclosures, refer to the Disclosure Section, located at the end of this report. Downloaded by Neil.Wang@troweprice.com Not for redistribution without written consent of Morgan Stanley M Foundation Geopolitics, Energy, and China's Path Towards 2030 Relat ...

In a possible hint of hope, the Wall Street Journal reported the Trump administration plans to announce as early as this week that multiple countries have agreed to form a coalition to escort ships through the Strait of Hormuz. President Donald Trump told the Financial Times it would be very ‌bad for the future ⁠of NATO ⁠if the allies did not help. European Union foreign ministers will discuss on Monday bolstering a small naval mission in the Middle East, though any operation in the Strait would be fraught ...

Asian markets are wary as hostilities in the Gulf kept oil ‌prices elevated, complicating an inflation outlook that should keep most central banks on pause at policy meetings this week, barring one possible hike.In a possible hint of hope, the Wall Street Journal reported the Trump ‌administration plans to announce as early as this week that multiple countries have agreed to form a coalition to escort ships through the Strait of Hormuz.President Donald Trump told the Financial Times it ‌would be very bad fo ...

The ECB has announced it will be hiking rates in July and September to counter record inflation.U.S. political strategist James Carville famously said he would like to be reincarnated as the bond market because "you can intimidate everyone." So when bond yields start signaling a problem, the whole market listens.The escalatory rhetoric around the war in the Middle East has led to what Deutsche Bank is calling "the most hawkish central bank pricing of the year so far for both the [European Central Bank] and ...

This weekend, mortgage rates are back above 6%. Higher oil prices and mixed economic data are moving bond yields higher. The Zillow lender marketplace is reporting an average 30-year fixed mortgage of 6.08%. The 15-year is now 5.62%. Current mortgage rates Here are the current mortgage rates, according to the latest Zillow data: 30-year fixed: 6.08% 20-year fixed: 6.06% 15-year fixed: 5.62% 5/1 ARM: 6.05% 7/1 ARM: 6.03% 30-year VA: 5.67% 15-year VA: 5.32% 5/1 VA: 5.24% Remember, these are th ...

You can now unlock your home’s liquidity with the lowest home equity rates in years. A home equity line of credit (HELOC) or home equity loan can provide an ongoing stream or lump sum of cash. Check out the low rates below. HELOC and home equity loan rates: Sunday, March 15, 2026 According to real estate analytics firm Curinos, the average HELOC rate is 7.20%, down three basis points from one month ago. The 52-week HELOC low was 7.19% in mid-January. The national average rate on a home equity loan is 7. ...

Group 1: Investment Strategies - The article discusses an investment strategy where the investor commits to never selling stocks, which leads to a deeper understanding and trust in the businesses held in the portfolio [3][5] - Emotional selling decisions often lead to regret, as illustrated by the example of Netflix shares, which significantly appreciated over time [4][5] - The focus should be on the dividend stream rather than stock price fluctuations, promoting a long-term investment mindset [5] Group 2: Ergodicity in Investing - The concept of ergodicity is introduced, emphasizing that individual investment outcomes differ from average outcomes across a group [6][7] - Investors should prioritize survival over performance, avoiding strategies that could lead to permanent losses [10] - The article advocates for an antifragile approach to investing, where exposure to volatility is beneficial rather than harmful [11] Group 3: AI and Software Industry - AI is expected to enhance the software industry rather than destroy it, as it will expand capabilities and market opportunities for software companies [12][13] - Competitive advantages in software will evolve, with factors like switching costs and network effects remaining crucial [13][14] - The emergence of new business models driven by AI will create opportunities for startups to challenge incumbents, leading to a split in the software market [15][16] Group 4: NDFI Loans and Banking Risks - Non-Depository Financial Institutions (NDFIs) represent a rapidly growing loan category, with U.S. banks holding $1.14 trillion in outstanding NDFI loans as of Q1 2025 [20][21] - NDFI lending has grown at approximately 26% annually since 2012, significantly outpacing traditional bank loan growth [21] - The potential total exposure of banks to NDFIs exceeds $2 trillion, raising concerns about the risks associated with shadow banking [20][21] Group 5: Job Displacement and AI - Historical job displacement due to technology is noted, with examples illustrating how roles have evolved over time [28][30] - While AI integration may lead to job losses in certain sectors, it is also expected to create new opportunities and enhance productivity in various roles [30][31]

Core Viewpoint - The U.S. Treasury market experienced significant selling pressure, with the government selling $651 billion in Treasury securities amid rising yields and inflation concerns, particularly driven by surging gasoline prices and disappointing inflation data [1][4]. Treasury Market Activity - The U.S. government sold $651 billion of Treasury securities this week across nine auctions, including $532 billion in Treasury bills and $119 billion in Treasury notes and bonds [4][5]. - The 1-year Treasury yield surpassed the Effective Federal Funds Rate (EFFR) for the first time since November 2023, indicating that the bond market has largely dismissed rate cut expectations for the year [2][4]. - All Treasury yields across the yield curve are now at or above the EFFR, suggesting that rate cuts are not anticipated in the current market scenario [4]. Yield Trends - The 3-year Treasury yield rose significantly, closing at 3.74% after a 16 basis point increase since its auction, marking a total spike of 36 basis points over two weeks [7][8]. - The 10-year Treasury yield increased to 4.28%, the highest since early February, reflecting a 13 basis point rise during the week [12]. - The 30-year Treasury yield reached 4.90%, the highest level since earlier this year, indicating growing concerns about long-term inflation and interest rates [14][16]. Mortgage Market Impact - Mortgage rates surged to 6.41%, the highest since early September, with a notable increase of 42 basis points over the past two weeks [18]. - The relationship between mortgage rates and long-term Treasury yields remains significant, with mortgage rates typically tracking the 10-year Treasury yield but at higher levels [19]. - Announced buybacks of mortgage-backed securities (MBS) by Fannie Mae and Freddie Mac are intended to reduce the spread between mortgage rates and Treasury yields, although they may increase concerns in the bond market [20].

Core Insights - Goldman Sachs' private capital clients are finding relief from concerns over software exposure due to the ongoing Iran war, which has shifted focus away from these issues [1][2] Group 1: Market Reactions - The Iran war has caused significant volatility in public markets, affecting energy, bond, and stock prices, which has particularly impacted hedge funds [4] - Some clients of Goldman Sachs have previously managed similar market volatility, but those in the region are currently facing heightened risks [4] Group 2: Private Credit Market - The private credit market, valued at $1.8 trillion, is experiencing a historic sell-off due to declining valuations and increasing defaults, leading to a loss of confidence [5] - Redemption limits and bankruptcies are contributing to the challenges faced in the private credit market, as highlighted by Ark Invest CEO Cathie Wood [5] Group 3: Software Sector Concerns - SaaS and data-provider stocks have seen significant declines recently, driven by fears that artificial intelligence may reduce the sector's relevance [7] - Top private equity CEOs are addressing investor concerns regarding the so-called "SaaS apocalypse," with Apollo CEO Marc Rowan describing investor reactions as "extreme" [7] - Ares CEO Michael Arougheti stated that the firm is well-prepared to manage risks associated with the market and software [7]