As the war in Iran continues to escalate, the effective closure of the Strait of Hormuz has sent shockwaves through global markets.

Highlights from the week of March 6 – March 12, 2026.

Yields rose while stocks fell as the markets focused on the price of oil and private credit woes.

Yields rose while stocks fell as the markets focused on the price of oil and private credit woes.

Investment management, like the NBA, has evolved. Investors now embrace new strategies for better results, just as basketball shifted towards analytics.

Global markets experienced a sharp repricing of central bank policy expectations this week as investors reassessed the balance between disinflation and renewed inflation risks. After entering March with growing confidence that rate cuts would unfold smoothly in 2026, that narrative shifted abruptly. Rising energy prices tied to geopolitical tensions lifted inflation expectations and prompted markets to scale back confident easing assumptions across the U.S., Europe, and the U.K.

​​Recent liquidity events related to portfolio companies in which PIF invests through its private equity holdings​.

Whether M&A or IPO activity is slowing or thriving, a strategy focused on secondary private equity may provide more stable cash flows.

Strong plan metrics don’t always reflect how participants feel. Research shows confidence gaps that can remain hidden in plain sight.

Global equity markets fell and U.S. Treasury yields increased. Oil was the biggest gainer.