US Treasuries held steady after the Federal Reserve’s preferred inflation gauge showed elevated price pressures even before the US attack on Iran sent energy costs sharply higher. Yields across maturities were little changed on Thursday following the data, with the two-year tenor — most attuned to expectations for Fed policy — near 3.78%. Interest-rate swaps continued to price in a roughly 25% cha...
US Treasuries held steady after the Federal Reserve’s preferred inflation gauge showed elevated price pressures even before the US attack on Iran sent energy costs sharply higher. Yields across maturities were little changed on Thursday following the data, with the two-year tenor — most attuned to expectations for Fed policy — near 3.78%. Interest-rate swaps continued to price in a roughly 25% chance of a quarter-point Fed rate cut by the end of 2026. The $31 trillion Treasuries market has benefited only modestly this week from a ceasefire agreement that sent oil prices tumbling on the prospect of resumed Middle East supply via the Strait of Hormuz. Oil benchmarks partially rebounded Thursday as the strait remained effectively closed and US and Iranian leaders alleged ceasefire violations . Brent crude jumped back above $98 a barrel from under $95. Thursday’s slew of US economic indicators drew scant reaction from Treasuries and the dollar ahead of an auction of 30-year bonds at 1 p.m. New York time. The third and last sale of the week follows improved demand for three- and 10-year notes relative to last month’s auctions. The inflation gauge derived from February personal income and spending data — the price index for personal consumption expenditures — rose 0.4% overall and excluding food and energy prices, in line with median estimates. Price increases limited the inflation-adjusted change in consumer spending to 0.1%. The year-on-year rates rose to 2.8% and 3% respectively. Fed policymakers aim for an overall rate of 2% over the long run. The consumer price index, a separate and timelier inflation gauge, is set to be released Friday for March, and to show steep increases tied to the move in oil prices since the war began on Feb. 28. Also reported Thursday, new claims for jobless benefits increased more than estimated last week, while recurring applications fell to the lowest level in almost two years, evidence of stabilization in the labor market . Oil prices hav...
Sign up now! Sign up now! Sign up now? Sign up now! While the good news for Liverpool is that they get to play Paris Saint-Germain again next week, the bad news is that they get to play Paris Saint-Germain again next week. Having spent much of his time in England bemoaning the cowardice of opposition teams who sit deep against his side, there was a certain irony in seeing Liverpool’s head coach em...
Sign up now! Sign up now! Sign up now? Sign up now! While the good news for Liverpool is that they get to play Paris Saint-Germain again next week, the bad news is that they get to play Paris Saint-Germain again next week. Having spent much of his time in England bemoaning the cowardice of opposition teams who sit deep against his side, there was a certain irony in seeing Liverpool’s head coach embrace the negative tactics he has so often pooh-poohed during his side’s 2-0 evisceration at the hands of the reigning Bigger Cup holders in Paris. On a night when Liverpool had just 28% possession, registered zero shots on target and hoped for the best at a couple of Joe Gomez long throws, Arne Slot was at least treated to a masterclass on how best to overcome the kind of “anti-football” he has long lamented. Continue reading...
AI’s expansion into enterprise use is exposing a gap between rapid prototyping and reliable deployment across the organization. Domino Data Lab CEO Nick Elprin joins Bloomberg Intelligence senior software analyst Sunil Rajgopal to discuss how model-driven organizations are putting AI to work in core-business settings, where governance and standardization are essential. As coding assistants enable ...
AI’s expansion into enterprise use is exposing a gap between rapid prototyping and reliable deployment across the organization. Domino Data Lab CEO Nick Elprin joins Bloomberg Intelligence senior software analyst Sunil Rajgopal to discuss how model-driven organizations are putting AI to work in core-business settings, where governance and standardization are essential. As coding assistants enable domain experts to build full-stack analytics applications, “basic SaaS applications are pretty serio
The average brokerage recommendation (ABR) for Palantir Technologies (PLTR) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
The average brokerage recommendation (ABR) for Palantir Technologies (PLTR) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?
Getty Images By Ruben Dewitte , Economist The rollout of new US tariffs in 2025 triggered months of uncertainty and market volatility. One year on, their impact is becoming clearer. Although the tariff hike was historical, its direct effect on the European economy proved more muted than initially feared. This not only reflected exemptions, tariff front-loading and strong US demand for pharmaceutic...
Getty Images By Ruben Dewitte , Economist The rollout of new US tariffs in 2025 triggered months of uncertainty and market volatility. One year on, their impact is becoming clearer. Although the tariff hike was historical, its direct effect on the European economy proved more muted than initially feared. This not only reflected exemptions, tariff front-loading and strong US demand for pharmaceutical imports (especially from Ireland), but also the fact that US tariffs on many competing suppliers also rose sharply in 2025, temporarily preserving Europe’s competitive position on the US market. Still, higher tariffs, the stronger euro, and heightened uncertainty weighed visibly on EU‑US trade. Looking ahead, the drivers of EU-US trade are shifting. The Turnberry deal locks in a 15% tariff rate for EU exports, while tariffs on competing countries are also set to converge towards 15% in 2026. Countries such as China (31.1% effective tariff rate in 2025), India (20.5%) and Indonesia (20.8%) will therefore face substantially lower tariff rates than in 2025, eroding the EU’s relative position on the US market. As a result, the drag on EU exports is likely to persist, driven less by uncertainty and tariff asymmetries and more by a deterioration in relative competitiveness. US tariffs jumped sharply in 2025, but less than feared US tariffs increased sharply in 2025. The effective tariff rate rose by 8.1 percentage points, a historic jump, but one that ultimately proved less severe than the most adverse scenarios had anticipated. This more benign outcome partly reflected tariff‑stacking rules and sector‑specific exemptions and partly the ability of exporters to adapt by rerouting trade flows or adjusting the composition of shipments to the US market. For the EU, the effective tariff rate climbed to 8.5% in 2025, up by 7.2ppt compared with 2024. Despite the EU’s common external tariff, effective tariff levels varied across countries due to different export structures and access ...
Marvell Technology (NASDAQ: MRVL) may be emerging as one of the more important players in AI custom silicon as TSMC capacity tightens and hyperscaler demand builds. Discover why that shift could strengthen Marvell's position, where the biggest risks still sit, and why the stock may be more compelling than the market currently assumes. Stock prices used were the market prices of April 3, 2026. The ...
Marvell Technology (NASDAQ: MRVL) may be emerging as one of the more important players in AI custom silicon as TSMC capacity tightens and hyperscaler demand builds. Discover why that shift could strengthen Marvell's position, where the biggest risks still sit, and why the stock may be more compelling than the market currently assumes. Stock prices used were the market prices of April 3, 2026. The video was published on April 7, 2026. Continue reading
Doralin Tunas/iStock via Getty Images Thesis Whether you know it or not, you’ve likely used products from RPM International Inc. ( RPM ). There's no tech AI glamor here; however, what they offer is a necessary commodity. Whenever something has to be sealed or painted, or has to be made waterproof or protected from rust or damage, RPM is likely supplying one of the products that would be needed for...
Doralin Tunas/iStock via Getty Images Thesis Whether you know it or not, you’ve likely used products from RPM International Inc. ( RPM ). There's no tech AI glamor here; however, what they offer is a necessary commodity. Whenever something has to be sealed or painted, or has to be made waterproof or protected from rust or damage, RPM is likely supplying one of the products that would be needed for that project. Also, RPM doesn’t really operate like one single company. It’s more like a collection of dozens of smaller companies/brands under one umbrella. Seeking Alpha Momentum-wise, shares of RPM have been less than stellar. The company recently hit my radar after a decent post-earnings bounce, likely amplified by yesterday’s ceasefire rally. Now, after looking at the latest data and fundamentals, I lean neutral. Execution holds up, but valuation and cost pressures cap upside and add too much risk for my taste at this price. My Takeaways from RPM International Q3 2026 Earnings Call Seeking Alpha Revenue : $1.61B (+8.90% YoY) Adjusted EBIT: ~+50% YoY (record) Pricing (Q3): ~+1%. RPM International's sales increased due to (1) strength in construction and performance coatings; (2) acquisitions; (3) favorable foreign exchange transactions outside the United States; and (4) things like weather issues or disruptions in the earlier period made this period look better by comparison. However, the significant takeaway is that it appears that the margin expansion was the result of improved fixed-cost absorption and management's actions to target reduce certain overhead, so it's really not from a sudden demand increase across the entire portfolio. Maintenance/repair/restoration share of sales: ~2/3 North America sales growth: +6.3%. In both the Construction Products and Performance Coatings categories of the business, I noticed the highest levels of quality. Management stated that demand was strongest for construction products sold as complete systems rather than individual compo...