Business
Global markets to remain driven by West Asia conflict, Fed neutral guidance reflects uncertainty: Report
The report said that “markets are expected to continue to get shaped by the ongoing conflict in the Middle East that has so far not shown signs of de-escalating,” adding that “risk aversion is expected to remain in place.”
According to the report, prior to the conflict, the base-case scenario assumed that “the tariff pass through would start to fade and that would push US inflation gradually lower and labour markets would remain weak that could open scope for a 50bps cumulative cut over 2H2026.”
However, the report cautioned that “the outlook could get shaped by the ongoing conflict and in particular whether there is a structural pick-up in crude prices,” which the Federal Open Market Committee (FOMC) may need to consider in its projections.
It added that “there are risks of the FOMC possibly back-loading easing, although it is too early to call at the current juncture,” with the outlook depending on “the duration of the Middle East conflict and permanent impact it has on oil prices.”
The report highlighted that the FOMC maintained status quo on policy rates while “explicitly acknowledged the build-up of uncertainty in the outlook from the ongoing conflict in the Middle East” and also recognised weakness in the labour market.
Despite the geopolitical challenges, the report noted that the FOMC raised its GDP growth projections and also revised inflation forecasts upward, with “the 2 per cent target expected to be achieved by 2028.”However, there was no change in policy rate guidance, with “the median of members expected 25bps cut in 2026 and 25bps cut in 2027.”
The report added that FOMC Chair Jerome Powell “emphasized that the central bank will maintain a data-dependent response” and highlighted that “considerable uncertainty persists about the impact of the conflict on the outlook on the economy.”
It also warned that “higher energy prices and pass-through of the same into consumer prices implies risk of a possible delay” in rate cuts if oil prices remain elevated.
For markets, the report said the FOMC meeting was “largely a non-event,” but added that “the conflict in the Middle East is likely to drive price action ensuring that risk aversion remains dominant,” with US yields expected to drift higher and the global dollar likely to remain supported. (ANI)
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Emerging Latin American boy group SANTOS BRAVOS released the official lyric video for “MHM” on March 18, 2026, drawing immediate acclaim for its dreamy visuals and uplifting energy as part of their debut EP “DUAL.” The track, a standout from the six-song project dropped March 13 under HYBE Latin America, has quickly become a fan favorite, amassing over 1.2 million views on YouTube within days while sparking widespread positive reactions across platforms.
Directed by Alejandro Bernal with editing by Mario Trujillo and color grading by Ana María Ormaza, the lyric video features soft, ethereal aesthetics — floating text synced to airy synths, pastel tones and subtle animations that evoke romance and lightness. Presented by HYBE Latin America, it ties into the EP’s dual identity: “Santo” side rooted in melodic Latin pop and “Bravo” in reggaetón-EDM intensity. “MHM” leans firmly into the former, delivering a breezy, feel-good sound with minimalistic production that highlights sweet vocals and catchy repetition.
The song opens with lines like “Esos ojitos caramelo / Con ese pelo combinan” (“Those caramel eyes / Go perfectly with that hair”), painting a flirtatious scene of admiration. The chorus builds around the titular “Mhm,” a hummed affirmation of attraction and desire, layered over soft percussion and shimmering synths. Clocking in at 2:19, “MHM” stands out for its understated charm — no explosive drops, just smooth, hypnotic flow that invites repeated listens. Lyrics by Spread LOF Rios and Caroline Ailin, with composition by Johnny Goldstein and others, capture youthful infatuation with poetic simplicity.
Fan reactions have been overwhelmingly enthusiastic. YouTube comments and reaction videos describe it as “brightening my heart” and “my favorite from the EP,” with viewers noting its sweet vocals and emotional warmth. One reactor called it “euphoric” and “the one that changes favorites daily,” praising how it grows on listeners. TikTok clips and Instagram reels show fans lip-syncing and dancing to the hook, while Reddit discussions highlight Kauê’s vocal delivery as a highlight. The video’s Paris-filming connection — tied to a Paris Fashion Week performance in January 2026 — adds behind-the-scenes intrigue.
“MHM” follows the group’s momentum from earlier releases. Debut single “0%” (October 2025) introduced their sound, while “KAWASAKI” exploded with over 33 million YouTube views for its club-ready energy. “DUAL” — featuring “0%,” “KAWASAKI,” “MHM,” “FE,” “WOW” and “Velocidade” — showcases versatility, earning praise in Billboard’s Latin music poll as fans’ top new release of the week. The EP topped fan-voted charts, with “MHM” positioned as a focus track for its melodic contrast to bolder cuts.
SANTOS BRAVOS formed through the HYBE Latin America reality series of the same name, which documented 17 trainees from Latin America, the U.S. and Spain in a K-pop-inspired program. The final five — Drew Venegas (U.S., 25), Alejandro Aramburú (Peru, 21), Gabi Bermúdez (Puerto Rico), Kauê Penna (Brazil, 19) and Kenneth Lavíll (Mexico) — debuted October 21, 2025, at Mexico City’s Auditorio Nacional. The group represents diversity and duality, with Drew bringing queer visibility as an out and proud member.
The lyric video release coincides with promotional pushes, including a weekly docuseries “detrás de DUAL” (Behind DUAL) on Spotify starting March 15, offering intimate looks at the EP’s creation. Grooming credits for the video went to stylist Charley McEwen using Oribe products, underscoring the polished visual identity.
Critics and fans alike note “MHM”‘s role in broadening SANTOS BRAVOS’ appeal. While “KAWASAKI” targets clubs, “MHM” offers emotional depth, appealing to listeners seeking romance and lightness in Latin pop. Reactions emphasize its replay value — “non-stop listening” is a common phrase — and how it complements the EP’s range.
As HYBE expands globally, SANTOS BRAVOS positions as a bridge between K-pop training rigor and Latin influences. The lyric video’s success signals strong fan engagement, with streams climbing on Spotify (474,773+ for “MHM”) and Apple Music. Upcoming plans include more content, potential remixes and live performances to sustain the buzz.
With “MHM” solidifying their place in the Latin pop scene, SANTOS BRAVOS continues building on a promising debut year. The track’s gentle euphoria and heartfelt delivery make it a bright spot in 2026’s emerging releases, proving the group’s ability to balance high-energy anthems with tender moments.
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Smiths Group shares fell despite a plan to return an extra 1.5 billion pounds ($2.01 billion) to shareholders as its full-year outlook came in slightly lighter than expected.
In morning trade its shares were the biggest fallers on the FTSE 100 index and were down 5.9% to 2,212 pence.
Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
‘The Ramsey Show’ host Dave Ramsey discusses how young adults feel isolated from buying homes and entering the real estate market on ‘FOX Business In Depth: Hitting Home: Rebuilding the Dream’
Young Americans are increasingly finding themselves shut out of the housing market as rising debt levels and lingering affordability pressures reshape the path to homeownership.
“The Ramsey Show” host Dave Ramsey joined FOX Business’ Cheryl Casone on the FOX Business In Depth Special, “Hitting Home: Rebuilding the Dream,” to break down the financial realities facing first-time buyers and why many are falling behind.
A panel breaks down rising inflation and housing market pressures as the Iran conflict drives up oil prices and economic uncertainty on ‘FOX Business In Depth: Hitting Home: Rebuilding the Dream.’
Ramsey pointed to a combination of record-high consumer debt and shifting economic conditions that have eroded buying power across younger generations.
“I’m afraid I have to tell you the truth… Corporate America has screwed you,” Ramsey said.
“Car debt is at an all-time high… Student loan debt is at an all-time high… And, of course, credit card debt… is at a all-time high.”
For sale sign in front of a house in Houston, Texas. (Kirk Sides/Houston Chronicle / Getty Images)
MIAMI OVERTAKES LOS ANGELES AND NEW YORK AS WORLD’S RISKIEST HOUSING MARKET FOR BUBBLE RISK
Those pressures, he explained, are leaving many without the financial flexibility to enter the housing market, as disposable income is increasingly consumed by monthly obligations.
“When you’re drowning in personal debt, you can’t afford to buy a freaking house,” Ramsey said.
U.S. Federal Housing Director Bill Pulte discusses Federal Reserve interest rates and home-buying on ‘The Claman Countdown.’
Beyond debt, Ramsey also highlighted the post-pandemic housing surge as a key factor pushing first-time-buyer ages higher, noting that supply shortages and elevated prices continue to weigh on affordability.
MORTGAGE RATES JUMP TO HIGHEST LEVEL IN OVER 3 MONTHS
Despite the challenges, Ramsey pushed back on the idea that homeownership is out of reach, arguing that progress is still possible for those willing to aggressively tackle debt.
“Our message to Gen Z and to millennials… is: clear this debt, get rid of the stupidity, and chop up the cards and work your way through it… Once you do that, you can get there,” Ramsey said.
Sen. John Hoeven, R-N.D., discusses the ongoing partial government shutdown causing massive airport disruptions nationwide on ‘The Bottom Line.’
Elon Musk offered to cover the salaries of Transportation Security Administration (TSA) personnel during the ongoing government funding standoff.
“I would like to offer to pay the salaries of TSA personnel during this funding impasse that is negatively affecting the lives of so many Americans at airports throughout the country,” Musk said in an X post on Saturday morning.
Chief Technology Officer of X Elon Musk speaks onstage during the “Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk” session at the Lumiere Theatre during the Cannes Lions International Festival Of Creativity 2024 — (Richard Bord/WireImage / Getty Images)
This is a developing story. Please check back for updates.
Jussi Askola is the President of Leonberg Capital, a value-oriented investment boutique that consults hedge funds, family offices, and private equity firms on REIT investing. He has authored award-winning academic papers on REIT investing, has passed all three CFA exams, and has built relationships with many top REIT executives.
He is the leader of the investing group High Yield Landlord, where he shares his real-money REIT portfolio and transactions in real-time. Features of the group include: three portfolios (core, retirement, international), buy/sell alerts, and a chat room with direct access to Jussi and his team of analysts to ask questions. Learn more.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of CPT; CCI; INVH; REXR; FR; KIM; MAC; VICI; KRG; RYN; KRG; ARE either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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