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A handful of U.S. companies are driving $700 billion of capital expenditures.
Ross Mayfield identifies a 10-year Treasury yield moving past 4.5% and towards 5% as a critical risk level for equities.
Ross Mayfield's base case prediction is that the Federal Reserve will keep interest rates on hold for the remainder of the year.
The U.S. President announced that the United States will assist ships transiting the Strait of Hormuz.
Iran has warned that it will attack U.S. forces if they enter the Strait of Hormuz waterway.
Norman Ruhl of CSIS states there is no evidence that either the United States or Iran is prepared to make the concessions required for a near-term diplomatic settlement.
Norman Ruhl estimates that the Iranian government is losing hundreds of millions of dollars daily as a consequence of its geopolitical decisions.
Indirect diplomatic talks between the United States and Iran are ongoing, with Pakistan acting as an intermediary.
The United States has two aircraft carrier task forces positioned in the region near Iran.
U.S. military forces are prepared to conduct operations to clear the Strait of Hormuz, which would involve strikes against missile and drone sites within mainland Iran.
Bill Dudley, former New York Fed President, believes there is no good reason for the Federal Reserve to lower interest rates, finding the rationale that inflationary pressures are subsiding unconvincing.
Bill Dudley argues there is weak evidence that current monetary policy is restrictive, citing the economy's full employment and inflation remaining well above the Federal Reserve's 2% objective.