3 Things You Need to Know This Week | PMIs, Denmark Snap Election, Tax Season (Mar. 23, 2026)
This week's key developments include March PMI data showing continued global economic resilience exceeding expectations, Denmark's snap election potentially creating political gridlock, and the approaching April 15th tax filing deadline with opportunities for retirement contributions.
Summary
The March flash PMI data reveals continued strength in global economic activity across the US, UK, Eurozone, and Japan, with private sector growth persisting despite ongoing economic concerns. While the US shows a slight downward trend, Japan's PMIs have accelerated recently and the Eurozone's figures rose in February. The key insight is that economic reality continues to exceed expectations, which supports the ongoing bull market. Denmark is holding a snap election on Tuesday after Prime Minister Meta Fredriksson called for early elections following a diplomatic standoff with the US over Greenland that boosted her party's polling numbers. However, current polling suggests the governing coalition may struggle to retain its majority, potentially leading to a fragmented parliament and minority government gridlock. For investors, Denmark's smaller stock market and high single-company concentration means political influence can be more complicated than in larger markets. Finally, the April 15th tax filing deadline is approaching for 2025 tax returns, with important reminders about filing extensions (available until October 15th for filing but not payment), deadlines for IRA and Roth IRA contributions for the prior tax year, and the value of consulting tax professionals for complex situations.
About this episode
Fisher Investments’ “3 Things You Need to Know This Week” is a weekly segment designed to help investors worldwide sift through the noise across financial media and understand what really matters for markets. This week, Fisher Investments reviews: • March flash PMIs • Denmark’s snap election • US tax filing deadline Chapters 0:00 Intro 0:27 March Flash PMIs 1:43 Denmark's Snap Election 3:05 Tax Season 4:19 Outro Want to dig deeper? • A look back at February’s growthy PMI data: https://www.fisherinvestments.com/en-us/insights/market-commentary/februarys-growthy-data-and-the-iran-wars-souring-sentiment • What Denmark’s snap election means for markets: https://www.fisherinvestments.com/en-us/insights/market-commentary/beyond-the-war-a-political-roundup-covering-america-canada-and-denmark Have feedback? Share your thoughts on this Fisher Investments video in just 1 minute by filling out this survey: https://fi.co1.qualtrics.com/jfe/form/SV_6Vw1ezlogR044S2?VideoCode=9Things23Mar2026 Thanks for watching and don’t forget to tune in next week to watch the latest episode of 3 Things You Need to Know This Week from Fisher Investments. Connect with Fisher Investments on: • Facebook - https://www.facebook.com/FisherInvestments • X - https://twitter.com/fisherinvest • LinkedIn - https://www.linkedin.com/company/fisher-investments • Instagram - https://www.instagram.com/fisher.investments/ • TikTok - https://www.tiktok.com/@fisher_investments You can also follow Ken Fisher here: • Facebook - https://www.facebook.com/KenFisher.FisherInvestments • X - https://twitter.com/KennethLFisher • LinkedIn - https://www.linkedin.com/in/ken-fisher/ • Instagram - https://www.instagram.com/kenfisher_fisherinvestments/ Investing in securities involves a risk of loss. Past performance is never a guarantee of future returns. Investing in foreign stock markets involves additional risks, such as the risk of currency fluctuations. The foregoing constitutes the general views of Fisher Investments and should not be regarded as personalized investment advice. Nothing herein is intended to be a recommendation. The opinions expressed are subject to change without notice.
Key Insights
- Economic data consistently surpassing expectations provides stronger support for bull markets than absolute growth levels, suggesting investors should focus on reality versus consensus rather than just economic strength
- In smaller stock markets with high single-company concentration like Denmark, individual firm issues can more easily outweigh political tailwinds, making political gridlock less reliably beneficial than in larger diversified markets
Topics
Transcript
. Hello, and welcome to three things you need to know this week. Our regular series designed to help you sift through the noise across financial media and understand what really matters for markets. To stay up to date with our latest market insights, subscribe to our YouTube channel or visit fisherinvestments.com. With that, your three things you need to know this week. First, March flash PMIs. This week, we'll get a fresh look at Global Purchasing Managers Indexes, or PMIs, as the US, UK, Eurozone, and Japan release their initial March readings. PMIs offer investors a near real-time snapshot of business activity. What did the latest data reveal? Despite ongoing concerns about global economic health, last month's PMIs continue…
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