3/3 Alarm #2 2026
Second Alarm in 2026
Out Of Cycle Note
Market Update - March 3, 2026
In Sunday’s note I wrote “With the weekend events likely to create volatility on Monday I can’t help but think the scenario of a second risk-off alarm is heightened.” — Tuesday March 3 marks the second risk-off alarm for 2026.
At the time of writing S&P 500 futures are trading down -0.3% from session close.
The regular mid week Wednesday note will be published tomorrow after market close.