Markets May Be Shifting From Digital Leaders to Real Assets
In 2026, market leadership is shifting from AI-focused mega-cap tech to the physical economy powering it, including semiconductors, materials, and energy infrastructure. Geopolitical shocks, rising oil, and resource demand highlight underinvested real assets. This could mark a structural rotation from paper assets toward tangible resources essential for AI, electrification, and reindustrialization. Source: Crypto Rover
Iran's strikes on the UAE are fading:
33 projectiles were fired at the UAE on March 9, down from ~350 on each of the first two days. 3 likely reasons: 1 )Iran may be shifting to an attritional strategy after proving it can turn the Gulf into a live fire zone. 2) Stronger air defenses across the Gulf are reducing the effectiveness. 3) Iran needs to preserve its missile and drone stockpiles if this becomes a prolonged war. Source: Bloomberg, Global Markets Investor
Everyone is talking about the war.
The main risk to global oil markets is now insurance, not just conflict. On 5 March, seven London P&I clubs suspended war-risk coverage for ships in the Strait of Hormuz due to rising capital requirements under Solvency II. Even if fighting stops, insurers need 12–24 months of stable data before restoring coverage, leaving about 20% of global seaborne crude trade constrained and keeping oil prices elevated. Source: Shanaka Anslem Perera (@shanaka86) on X
The Anatomy of a Claude prompt
Alif Hossain @alifcoder
South Korea and Taiwan imposed fuel price caps to shield their economies from rising oil costs after the Middle East conflict.
South Korean President Lee Jae Myung announced a maximum price system for petroleum, the first in nearly 30 years, and pledged to seek alternative energy sources beyond the Strait of Hormuz. Taiwan set a weekly limit on oil-price increases to stabilize domestic prices, with the government activating its price-stabilization mechanism. Source: Market Watcher
1973-74 oil embargo
Source: QE Infinity @StealthQE4
Everyone keeps saying AI is a bubble.
We hear it on repeat. “Hyperscalers are spending too much.” “AI demand isn’t real.” “This won’t justify the investment.” Maybe. But pause the debate for a second. Have you looked at Anthropic’s ARR chart recently? The company behind Claude is sprinting toward $20B in annual recurring revenue. And the curve is… absurd. Not steady growth. Not normal SaaS growth. This looks like a vertical takeoff. If the trajectory holds, it might become the fastest company in history to reach $20B ARR. Source: Andreas Steno Larsen
Citadel Securities shared a graph highlighting an interesting trend: job postings for software engineers are actually rising sharply.
This may be an example of the Jevons paradox. When AI makes coding faster and cheaper, demand for software development can increase rather than decrease. As the cost of building software drops, companies start creating far more of it. That means software gets embedded in industries, products, and internal tools where development used to be too expensive to justify. The result is that businesses may end up needing more software engineers, not fewer. Source: Rohan Paul, Chart from citadelsecurities .com/news-and-insights/2026-global-intelligence-crisis/
