Group 1 - The core viewpoint of the article highlights a significant increase in container shipping orders from China to the U.S. following the announcement of a phased consensus on tariffs between the two countries, with orders surging nearly 300% [1][3] - Data from Vizion indicates that the average container orders from China to the U.S. rose to 21,530 TEUs in the week ending May 14, compared to only 5,709 TEUs in the previous week, marking a 277% increase [1] - Major shipping companies, including Maersk and Hapag-Lloyd, reported increased booking volumes for trans-Pacific services, with Hapag-Lloyd noting a 50% rise in orders within the first three days of the week following the tariff announcement [3] Group 2 - The logistics company Portless stated that the agreement between the U.S. and China has allowed Chinese factories to resume orders and shipments, with clients indicating a shift to full production mode [3] - Analysts predict that the suspension of most tariffs may lead to a rise in freight rates, with estimates suggesting a potential 50% increase in shipping costs within the next ten days [3][4] - The CEO of Bogg Bag mentioned accelerating production of bags from China to meet demand before the potential tariff increase in August, indicating a strategic shift in manufacturing focus [4] Group 3 - Freightos warned shippers to prepare for congestion, delays, and capacity shortages in the coming weeks, as the Los Angeles port, the busiest in the U.S., is expected to experience increased activity [4] - The executive director of the Port of Los Angeles expressed that the 90-day tariff suspension is beneficial for consumers, U.S. businesses, workers, and the supply chain [4]

Investment Rating - The report does not explicitly provide an investment rating for the industry but indicates expectations for a Fed rate cut in May or June due to anticipated economic slowdown [10]. Core Insights - The 90-day pause on reciprocal tariffs, excluding China, does not prevent a slowdown in US economic growth and inflation [4][10]. - The average effective tariff rate has increased by approximately 21 percentage points from the beginning of the year, raising concerns about trade uncertainty and its impact on growth [4][6]. - A surge in non-China imports is expected, which may dampen growth in Q2 [4][9]. Summary by Sections Tariff Impact - The baseline 10% tariff remains in place against all countries, with significant increases for many [6]. - New tariffs of 105% on Chinese goods are in addition to existing tariffs, contributing to a high effective tariff rate [6]. - Sector-specific tariffs on autos, aluminum, and steel are still enforced, with new tariffs anticipated on pharmaceuticals and semiconductors [6]. Economic Forecast - The report anticipates a slowdown in growth, leading to potential Fed policy rate cuts of 125 basis points this year [10]. - The dynamics of the 90-day tariff pause may lead to a temporary surge in imports, affecting Q2 growth negatively [9]. - Consumer spending may initially strengthen in Q2 but is expected to slow down in Q3 due to ongoing uncertainty [9].

Group 1 - StepStone Group Inc. (STEP) shares rose 14.8% to $48.74, following a significant trading volume, contrasting with a 16.6% loss over the past four weeks [1][2] - The increase in share price was influenced by the Trump administration's announcement of a 90-day halt on reciprocal tariffs for most countries [2] - StepStone leverages global scale, local teams, multi-asset class expertise, and proprietary data platforms to provide customized solutions, enhancing investment performance [2] Group 2 - The company is expected to report quarterly earnings of $0.47 per share, reflecting a year-over-year increase of 42.4%, while revenues are projected at $237.41 million, down 33.5% from the previous year [3] - The consensus EPS estimate for StepStone has remained unchanged over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [4] - StepStone Group holds a Zacks Rank of 2 (Buy), indicating positive market sentiment [4] Group 3 - StepStone Group is part of the Zacks Financial - Miscellaneous Services industry, which includes Greystone Housing Impact Investors (GHI) [4] - GHI's consensus EPS estimate has decreased by 29.2% over the past month, with a year-over-year change of -61.9%, and it currently holds a Zacks Rank of 3 (Hold) [5]

Company Overview - Gates Industrial Corporation plc (GTES) shares increased by 15.3% to $17.94 in the last trading session, following a 20.2% loss over the previous four weeks [1] - The stock's rally is attributed to President Trump's announcement of a 90-day pause on tariffs for most countries, aimed at stabilizing markets and addressing global trade concerns [1] Earnings Expectations - Gates Industrial is expected to report quarterly earnings of $0.33 per share, reflecting a year-over-year increase of 6.5% [2] - Revenue projections for the upcoming report are $826.29 million, which is a decrease of 4.2% compared to the same quarter last year [2] Market Trends - Trends in earnings estimate revisions are strongly correlated with near-term stock price movements, indicating the importance of monitoring these changes [3] - The consensus EPS estimate for Gates Industrial has remained unchanged over the last 30 days, suggesting that the stock's price movement may not sustain without earnings estimate revisions [4] Industry Context - Gates Industrial is part of the Zacks Manufacturing - General Industrial industry, where another company, Nordson (NDSN), saw an 11.8% increase in its stock price, closing at $187.29, despite a -18.7% return over the past month [4] - Nordson's consensus EPS estimate has also remained unchanged at $2.36, with a year-over-year change of 0.9% [5]

Company Overview - New York Mortgage Trust (NYMT) shares increased by 5.2% to close at $5.66, following a significant trading volume compared to normal sessions, despite a 19.2% loss over the past four weeks [1] - The company is expected to report quarterly earnings of $0.11 per share, reflecting a year-over-year increase of 136.7%, with revenues projected at $22.91 million, up 28.3% from the previous year [3] Market Context - The surge in NYMT's stock price is attributed to a broader market rally, driven by optimism from Trump's announcement on April 9, 2025, regarding a 90-day pause on reciprocal tariffs for most trading partners, excluding China [2] - The tariff pause is expected to alleviate cost pressures, improving margins and profitability for mREIT stocks, thereby boosting investor confidence in NYMT [2] Earnings Estimates - The consensus EPS estimate for NYMT has been revised 3.9% higher in the last 30 days, indicating a positive trend that typically correlates with stock price appreciation [4] - NYMT currently holds a Zacks Rank of 2 (Buy), suggesting favorable market sentiment towards the stock [4] Industry Comparison - In the same REIT and Equity Trust industry, BrightSpire (BRSP) also saw a 4.4% increase in its stock price, closing at $4.74, although it has experienced a -22.5% return over the past month [4]

Honda Motor (HMC) shares rallied 9.5% in the last trading session to close at $27.62. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 12.9% loss over the past four weeks.Honda stock surged yesterday amid a broader market rebound following Trump’s 90-day pause in reciprocal tariffs on most countries (except China). The move came in response to steep market declines and growing fears that tariff increases could ...

Company Overview - ESAB Corp. shares increased by 12.5% to close at $117.58, following a significant trading volume compared to normal sessions, despite a prior 16.6% loss over the past four weeks [1] - The company derives 78% of its sales from international operations, with principal manufacturing facilities in 14 countries, indicating a strong global presence [2] Financial Performance - The upcoming quarterly earnings report is expected to show earnings of $1.19 per share, reflecting a year-over-year decrease of 0.8%, while revenues are projected at $630.3 million, down 8.6% from the same quarter last year [3] - The consensus EPS estimate for the quarter has remained unchanged over the last 30 days, suggesting stability in earnings expectations [4] Industry Context - ESAB belongs to the Zacks Metal Products - Procurement and Fabrication industry, which includes other companies like Northwest Pipe Co. (NWPX), which saw a 6.3% increase in its stock price recently [4] - Northwest Pipe Co. has a consensus EPS estimate of $0.53 for its upcoming report, representing a 1.9% increase from the previous year, and also holds a Zacks Rank of 3 (Hold) [5]

Core Viewpoint - The threshold for interest rate cuts remains high according to the Federal Reserve's Kashkari, and if tariff suspensions continue, the inflation impact is expected to diminish [1] Group 1 - The Federal Reserve is maintaining a cautious stance on interest rate cuts, indicating that significant economic conditions must be met before any reduction occurs [1] - The potential suspension of tariffs could lead to a decrease in inflationary pressures, which may influence future monetary policy decisions [1]