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“You have to stay alert. You've got to keep raising your game.” ~ Larry Wilmore

Overnight

The International Monetary Fund projects that U.S. economic growth of 2.7% for 2024, more than double the growth rate of any other G-7 country. (FT)

UK headline inflation fell to 3.2% in March, higher than the 3.1% economists expected but still the lowest it’s been since September 2021. (AP)

Hedge funds pile into Mexican peso, fueling a rally that has made it one of the best-performing currencies in the world (BBG

The House has delivered two articles of impeachment against Homeland Security Secretary Alejandro Mayorkas to the Senate. (CNN)

President Biden reportedly plans to call for tariffs on Chinese steel to triple, in part to garner support in the swing state of Pennsylvania. (FT)

VC firm Andreessen Horowitz has raised raises $7.2 billion to identify and invest in generative AI start-ups, sparking hopes that the tech-startup environment might begin recovering. (FT)

An EU court has ruled that the name of the late Colombian drug lord Pablo Escobar cannot be trademarked because it goes against “accepted principles of morality.” (Politico)

A second Hou...

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