Keep pulling the thread on Bloomberg Surveillance.
Deutsche Bank's baseline forecast is for the Federal Reserve to cut interest rates in the second half of the year.
Michael Hartnett of Bank of America predicts a multi-year surge in commodities and advises investors to increase their allocation, suggesting commodities could supplant equities in popularity within portfolios.
Iran is reportedly charging some vessels a toll for passage through the Strait of Hormuz.
U.S. President Donald Trump has demanded that Iran reopen the Strait of Hormuz and warned Tehran against charging fees for passage.
According to Maha Yahya, Iran's maximum negotiating offer in current talks falls short of the minimum requirements set by U.S. President Donald Trump.
Demands from Iran's IRGC, including control over the Strait of Hormuz, maintaining nuclear capacity, and negotiating over regional proxies, are considered "non-starters" for the United States and Israel in diplomatic talks.
Israel and Lebanon are set to hold direct, preparatory talks at the ambassadorial level, according to a report from the Wall Street Journal.
Maha Yahya asserts that the authority to cease military activities in Lebanon does not lie with the Lebanese government but rather with Iran.
Maha Yahya opines that Israeli Prime Minister Benjamin Netanyahu has no political interest in ending the conflict in Lebanon, as the war is popular with his political base and he has promised to dismantle Hezbollah.
The Core Personal Consumption Expenditures (PCE) price index is currently running at 3% year-over-year, which is one percentage point above the Federal Reserve's target.
Matt Lizetti believes it is unlikely that disinflation alone will be sufficient for the Federal Reserve to cut rates this year, and that a rate cut would likely require seeing weakness in the labor market.
Deutsche Bank estimates that an oil price of approximately $150 per barrel would be the level at which the benefits of the Trump tax cuts for U.S. households would be eliminated.