Bob Elliott
· Nonconsensus
· March 29, 2026 at 22:06
· ⏱ 2 min read
| Read on Substack ↗
Summary
The author provides a brief market outlook, noting that markets are reacting to an extended oil shock and that policy decisions from Washington are a key driver of market action. The central question for the week is whether growth expectations will begin to soften more significantly.
•Markets have started to recognize the challenges from a prolonged oil shock.
•The author questions whether growth expectations priced into the market will finally soften.
•Policy decisions from Washington are identified as a major driver of recent market movements.