As Congress exerts pressure and the 60-day deadline approaches, a senior U.S. official claimed that hostile actions against Iran have concluded.
Despite senior officials of the Trump administration claiming that "hostilities have ended," the U.S. blockade targeting the Strait of Hormuz has not ceased, with the U.S. Defense Secretary even asserting that Congressional authorization is unnecessary to continue the operation...
Express News | U.S. government officials: 'Hostilities that began on February 28 have ended.'
The DOJ dropped the case, Wash entered the scene, and next week’s FOMC — the countdown to a new Fed Chair begins, heralding the arrival of an era without forward guidance.
As Powell's tenure draws to a close, his successor Warsh aims to dismantle the 'forward guidance' and dot plot. This signifies the potential collapse of a 15-year foundation for global asset pricing. The premium on certainty is coming to an end, and equity, bond, and currency markets are about to lose their 'anchor.' A storm affecting the pricing models of all assets has quietly begun.
Trump stated that he would not extend the ceasefire and threatened to resume bombing Iran. Reports indicate that Iran will not participate in the negotiations scheduled for the 22nd, and Vance has postponed his attendance.
After Trump's threat of bombing, the three major U.S. stock indices turned to losses. After news spread that Vance postponed his trip, the three major indices hit new daily lows. A member of Iran's parliamentary presidium stated that there would be no second round of negotiations until the maritime blockade is resolved; an Iranian parliamentary official mentioned that if diplomatic language proves ineffective, they will choose to continue hostilities. Pakistani sources claimed that relevant U.S. negotiators have arrived in Pakistan one after another; American media reported that Vance is still in Washington and will attend a White House meeting, while his delay in traveling to Islamabad is due to internal Iranian disagreements over whether to participate in a new round of peace talks.
Goldman Sachs: The interest rate market is overly 'hawkish,' and a rebound in the stock market does not need to 'solve problems,' only that 'the impact has reached its limit.'
Goldman Sachs believes that the market has clearly overpriced the tightening of monetary policy, and for the stock market to bottom out and rebound, it does not need to wait for the crisis to be completely resolved; it only requires the market to be able to see the boundaries of downside risks.
Bank of America warned that U.S. equities, bonds, and gold may face pressure in Q2, while the U.S. dollar and oil prices could emerge as winners.
The new outlook released by BofA Securities shows that stocks, bonds, and gold will face challenges in the second quarter, with the dollar and oil markets expected to strengthen.