analysis

% of the probability of a Fed rate cut in June fell below 50% following strong ISM data.** US manufacturing activity has increased for the first time since 2022 with the amount of Fed rate cuts covered in swap contracts for this year falling to less than 65 basis points, less than the Fed officials had forecast themselves.

**An Israeli airstrike on Iran's embassy compound in Syria ****killed(https://www.bloomberg.com/news/articles/2024-04-01/iran-says-israeli strike-on-embassy-compound-killed-top-general?srnd=homepage-europe)** **distressed Iranian and Syrian state media** https://tinyurl.com/2ba22qnu

** Verdict for the US economy:** Danger(https://www.bloomberg.com/news/articles/2024-04-01/us-government-debt-risk-a-million-simulations-show-danger-ahead?srnd=homepage europe ) ahead. Bloomberg Economics ran a million simulations of forecasting the US debt outlook, and 88% of them show that the debt is on an unsustainable path https://tinyurl.com/24vyr9jd

Pakistan votes for senators as public trust in politics declines

Xi calls Indonesia High-Speed Rail a 'Gold Standard' of ties in Japan.

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KDDI-backed KKCompany to jumpstart AI services in Japan, Southeast Asia

Tesla Inc. may be headed for a gloomy milestone as waning demand for electric vehicles and elevated interest rates take a toll on sales. Analysts on Wall Street have dramatically lowered their projections for this week's deliveries report, which would be down over 6% from the company’s record record of the fourth quarter which tends to be the best time of year for sales. Key will be delivering more cars than the 422,875 managed in the first 3 months of 2023 and avoiding

On this day of 1976 Steve Jobs and Steve Wozniak founded a little company called Apple #US #market #AAPL #historic #day_in_history... Apple #day_in_history #days_in_history

The March Index reached all estimates in a Bloomberg survey of economists. https://tinyurl.com/23dbv3bw