Lebanon Ground War Expands North of Litani River as Israel Pushes Beyond ‘Yellow Line’

Iran War Triggers Jump In Americans' Inflation Expectations, Slump In Sentiment While the preliminary UMich survey was undertaken between February 17 and March 9, with about half completed after the start of the US military conflict in Iran, today's final print includes the full month with all the conflict's escalations (and de-escalations). Expectations were for the headline sentiment index to tumble with expectations projected to fall most and consensus was right with the expectations tumbling from 54.1 to  51.7 and current conditions down from 57.8 to 55.8 (worse than expected). Put together, the...

"Bin There, Done That?" Not Quite By Elwin de Groot, head of macro strategy at Rabobank Markets may be suffering from a growing sense of "bin there, done that" fatigue when it comes to geopolitical shocks, but central banks are in no position to throw recent developments into the bin just yet. Take Hormuz. Both sides now claim to firmly control the Strait, President Trump appears to favour squeezing Iran economically (or, in Bessent’s words, “economic isolation like the world has never seen before”) rather than militarily (whilst Iran’s thinking may be...

Trump AI Executive Order To Seek Early Access To Advanced Models After Anthropic's 'Mythos' model sent shockwaves through the cybersecurity world due to its ability to find and exploit software vulnerabilities at breakneck speed, the Trump administration is reportedly on the cusp of issuing a much-discussed executive order that would encourage AI companies to provide information on their advanced models to the government before public release.  Anthropic's Dario Amodei According to Axios, the order - which could come as soon as this week - will outline plans for a voluntary framework - meaning companies...