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BREAKING: JP Morgan CEO, Jamie Dimon, says tariffs will increase inflation, likely cause a recession, and should be "resolved quickly." https://t.co/NqPc8LG2x9
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BREAKING: JP Morgan CEO, Jamie Dimon, says tariffs will increase inflation, likely cause a recession, and should be "resolved quickly." https://t.co/NqPc8LG2x9
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BREAKING: S&P 500 futures rebound and pare losses as President Trump’s allies speak out against tariff policy, last down -2%. https://t.co/6Oh5XQaSlE
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BREAKING: S&P 500 futures rebound and pare losses as President Trump’s allies speak out against tariff policy, last down -2%. https://t.co/6Oh5XQaSlE
The free fall continues:
Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.
The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.
Is it time to BUY stocks yet?
(a thread) https://t.co/MMtYgQXhh2 tweet
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BREAKING: U.S. STOCK INDEX FUTURES PARE LOSSES:
1. S&P 500 Futures last down: -1.6%
2. DOW Futures last down: -1.7%
3. NASDAQ 100 Futures last down: -1.9%
Nasdaq futures were down nearly -7% at their lowest point last night.
Our case for an S&P 500 relief rally, as outlined below, is now up +150 points.
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BREAKING: U.S. STOCK INDEX FUTURES PARE LOSSES:
1. S&P 500 Futures last down: -1.6%
2. DOW Futures last down: -1.7%
3. NASDAQ 100 Futures last down: -1.9%
Nasdaq futures were down nearly -7% at their lowest point last night.
Our case for an S&P 500 relief rally, as outlined below, is now up +150 points.
The free fall continues:
Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.
The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.
Is it time to BUY stocks yet?
(a thread) https://t.co/MMtYgQXhh2 tweet
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The Kobeissi Letter
BREAKING: Hong Kong's stock market officially closes down over -13% and posts its worst day since 1997.
China's stock market just posted its worst day since the 2008 Financial Crisis. https://t.co/PKQUHrLi6m
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BREAKING: Hong Kong's stock market officially closes down over -13% and posts its worst day since 1997.
China's stock market just posted its worst day since the 2008 Financial Crisis. https://t.co/PKQUHrLi6m
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BREAKING: Bill Ackman says it was "unfair of me to lash out at Howard Lutnick. I don't think he is pursuing his self interest... and he is doing the best he can for the country."
9 hours ago, @BillAckman accused Lutnick of purposely crashing the US economy and profiting off of it.
What changed?
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BREAKING: Bill Ackman says it was "unfair of me to lash out at Howard Lutnick. I don't think he is pursuing his self interest... and he is doing the best he can for the country."
9 hours ago, @BillAckman accused Lutnick of purposely crashing the US economy and profiting off of it.
What changed?
BREAKING: Bill Ackman, a long-time Trump tariff supporter, accuses Commerce Secretary Lutnick of "profiting when the US economy implodes."
He says picking Lutnick as Commerce Secretary is an "irreconcilable conflict of interest."
Tariff backlash is heating up. https://t.co/DdBoEjdECr tweet
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Once again: The problem with a "Black Monday" crash is that is has become the consensus view.
The original 1987 "Black Monday" crash happened out of nowhere, when no one was expecting it.
Don't follow the herd.
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Once again: The problem with a "Black Monday" crash is that is has become the consensus view.
The original 1987 "Black Monday" crash happened out of nowhere, when no one was expecting it.
Don't follow the herd.
The free fall continues:
Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.
The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.
Is it time to BUY stocks yet?
(a thread) https://t.co/MMtYgQXhh2 tweet
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The Kobeissi Letter
BREAKING: The 10-year note yield has erased its overnight decline and now trades back above 4.00%. https://t.co/k0DAiIVGiS
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BREAKING: The 10-year note yield has erased its overnight decline and now trades back above 4.00%. https://t.co/k0DAiIVGiS
The free fall continues:
Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.
The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.
Is it time to BUY stocks yet?
(a thread) https://t.co/MMtYgQXhh2 tweet
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The Kobeissi Letter
RT @KobeissiLetter: Did the White House compute "reciprocal tariffs" incorrectly?
New Trump tariffs are claiming to raise $3+ trillion over 10 years.
According to AEI, the formula used to calculate tariffs levied on the US was INFLATED by up to 400%.
Here's the breakdown.
(a thread) https://t.co/bgldYnBLBK
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RT @KobeissiLetter: Did the White House compute "reciprocal tariffs" incorrectly?
New Trump tariffs are claiming to raise $3+ trillion over 10 years.
According to AEI, the formula used to calculate tariffs levied on the US was INFLATED by up to 400%.
Here's the breakdown.
(a thread) https://t.co/bgldYnBLBK
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There is NOT an "emergency Fed meeting" today.
The closed board meeting being described as an emergency meeting was scheduled on April 3rd.
These meetings happen roughly twice a month. https://t.co/Yp6YrKEO1Z
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There is NOT an "emergency Fed meeting" today.
The closed board meeting being described as an emergency meeting was scheduled on April 3rd.
These meetings happen roughly twice a month. https://t.co/Yp6YrKEO1Z
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