The Morning Bell — March 23, 2026

When the world’s second-largest economy starts showing cracks, it’s not just a China problem — it’s everyone’s problem. Today’s focus on China’s economic struggles reminds us that in our interconnected world, emotional markets in Beijing can quickly become rational fears in New York, London, and every portfolio in between.

Today’s Briefing

What to Watch Tomorrow

Keep your eyes on commodity prices and multinational earnings reports this week, as companies with heavy China exposure will likely telegraph just how deep the slowdown really runs. Any additional stimulus announcements from Beijing could provide short-term relief, but the real test will be whether global supply chains and trade partners start feeling the ripple effects in their own economic data.

ON1010 provides economic education for investors. Nothing in this email constitutes investment advice. Always consult a qualified financial advisor before making investment decisions.