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Holy Days in the Crossfire: Jerusalem’s Passover and Easter Fall Silent

  The faithful attend a Palm Sunday mass at the Monastery of Saint Saviour in Jerusalem's Old City on March 29, 2026. | Jerusalem is entering what should be one of its most vibrant seasons under an unusually heavy pall, as the ongoing Iran war forces the city’s sacred spaces into lockdown and its residents into a subdued observance of Passover and Easter.  Major holy sites across the Old City—normally alive with worshippers, pilgrims, and tourists—now sit shuttered behind metal doors. The narrow stone alleyways echo with only the occasional footsteps, a stark contrast to the typical spring surge of visitors celebrating the Jewish and Christian holidays. Families, exhausted by weeks of conflict, face a season traditionally marked by renewal with a sense of fatigue and uncertainty.  The war’s reach has been felt even in areas historically spared from direct attack. Intercepted Iranian missiles have scattered shrapnel near the Greek Orthodox Patriarchate and along the roa...
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Market Momentum Continues Post-Fed Meeting

 

The financial markets have maintained their upward trajectory following the recent Federal Reserve meeting. Investors have been encouraged by the Fed’s signals of a potential pivot in monetary policy, leading to a rally in both shares and bonds.

  • Global Gains: The MSCI world share index is on track for its seventh consecutive week of gains, a streak not seen in six years. European and Asian markets have also seen significant rises.
  • Fed’s Dovish Stance: The Fed’s dovish outlook, coupled with Chair Jerome Powell’s remarks on the end of tightening measures, has fueled optimism. Markets are now pricing in substantial rate cuts for the coming year.
  • Bond Market Rally: The 10-year Treasury yield has dipped below 4%, with a notable weekly decline, reflecting the largest drop since the early pandemic days in March 2020.
  • Mixed Economic Signals: Despite positive market movements, preliminary PMI data indicates continued challenges in the euro zone economy, potentially questioning the ECB’s current stance.

This sustained market performance highlights investor confidence in the face of changing central bank policies and varied economic indicators.

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