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BREAKING: President Trump comments on the stock market's reaction and says "it's going very well" and the "market is going to boom."
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BREAKING: President Trump comments on the stock market's reaction and says "it's going very well" and the "market is going to boom."
We just witnessed history:
After "Liberation Day" tariffs, the weighted-average US tariff rate has jumped to a whopping 29%.
Not even the Smoot-Hawley Act during the 1930s Great Depression saw tariff rates this high.
Are you ready for what's next?
(a thread) https://t.co/kOLjN5xNnj - The Kobeissi Lettertweet
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The Kobeissi Letter
President Trump on March 6th: "I'm not watching the stock market.
President Trump today: https://t.co/h0kkwDShrG
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President Trump on March 6th: "I'm not watching the stock market.
President Trump today: https://t.co/h0kkwDShrG
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BREAKING: Stock market losses reaccelerate and fall toward a new low of the day with the Nasdaq 100 down -1,000 points. https://t.co/905rIXQkkJ
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BREAKING: Stock market losses reaccelerate and fall toward a new low of the day with the Nasdaq 100 down -1,000 points. https://t.co/905rIXQkkJ
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BREAKING: The S&P 500 falls to a new low of the day, currently down -4.6% today.
Now down -11.5% since February 19th. https://t.co/AccJShf4gC
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BREAKING: The S&P 500 falls to a new low of the day, currently down -4.6% today.
Now down -11.5% since February 19th. https://t.co/AccJShf4gC
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It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7
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It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7
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The Kobeissi Letter
BREAKING: The S&P 500 posts its worst day since June 2020 and officially closes down -4.8%, its lowest close since August 2024.
The Russell 2000 is officially in a bear market and the Magnificent 7 are down -25% from their high. https://t.co/f1yJtTpqKL
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BREAKING: The S&P 500 posts its worst day since June 2020 and officially closes down -4.8%, its lowest close since August 2024.
The Russell 2000 is officially in a bear market and the Magnificent 7 are down -25% from their high. https://t.co/f1yJtTpqKL
It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7 - The Kobeissi Lettertweet
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The Kobeissi Letter
WOW.
Today marked the largest single-day point loss for the Nasdaq 100 in HISTORY.
The index lost a total of -1060 points and came just 1.5% away from triggering the first circuit breaker since March 2020.
Buckle up folks. https://t.co/FeVLOO2Swp
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WOW.
Today marked the largest single-day point loss for the Nasdaq 100 in HISTORY.
The index lost a total of -1060 points and came just 1.5% away from triggering the first circuit breaker since March 2020.
Buckle up folks. https://t.co/FeVLOO2Swp
It's official:
After "Liberation Day," the Russell 2000 has closed in BEAR market territory for the first time since 2022.
Over the last 24 hours, S&P 500 stocks have erased -$120 billion PER HOUR for a total of -$2.9 trillion.
What's next? Let us explain.
(a thread) https://t.co/SzOJhxshf7 - The Kobeissi Lettertweet
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The Kobeissi Letter
BREAKING: The European Union is preparing to fine Elon Musk's X $1 billion for "disinformation." https://t.co/oNfD4KcqkD
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BREAKING: The European Union is preparing to fine Elon Musk's X $1 billion for "disinformation." https://t.co/oNfD4KcqkD
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BREAKING: Dow Futures extend losses in after hours trade to -1,800 points on the day. https://t.co/5lC4nL1WAV
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BREAKING: Dow Futures extend losses in after hours trade to -1,800 points on the day. https://t.co/5lC4nL1WAV
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