The Kobeissi Letter
Truly incredible:
1. President Trump 10 minutes ago: Fed Chair Powell is always "late" to cut rates, "cut interest rates, Jerome, and stop playing politics!"
2. Fed Chair Powell now: It is "too soon" to determine the appropriate policy path.
Fed Chair Powell and President Trump are publicly fighting about interest rate cuts.
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Truly incredible:
1. President Trump 10 minutes ago: Fed Chair Powell is always "late" to cut rates, "cut interest rates, Jerome, and stop playing politics!"
2. Fed Chair Powell now: It is "too soon" to determine the appropriate policy path.
Fed Chair Powell and President Trump are publicly fighting about interest rate cuts.
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The Kobeissi Letter
WOW.
On Thursday, hedge funds sold stocks at the largest 1-day amount since 2010.
Meanwhile, retail investors bought $4.7 BILLION of stocks on Thursday, a 10+ year high.
Today, the S&P 500 has erased another -$1.5 trillion of market cap, bringing 2-day losses to -$3.5 trillion.
Did retail just get trapped by Wall Street?
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WOW.
On Thursday, hedge funds sold stocks at the largest 1-day amount since 2010.
Meanwhile, retail investors bought $4.7 BILLION of stocks on Thursday, a 10+ year high.
Today, the S&P 500 has erased another -$1.5 trillion of market cap, bringing 2-day losses to -$3.5 trillion.
Did retail just get trapped by Wall Street?
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The Kobeissi Letter
BREAKING: US markets accelerate losses as Fed Chair Powell pushes back on rate cut hopes.
“Higher for longer” and a global trade war, the perfect combination for historic volatility. https://t.co/cVkq5omynv
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BREAKING: US markets accelerate losses as Fed Chair Powell pushes back on rate cut hopes.
“Higher for longer” and a global trade war, the perfect combination for historic volatility. https://t.co/cVkq5omynv
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The Kobeissi Letter
White House official on President Trump's "thinking" right now, per the Washington Post: https://t.co/4vz2CCkr9F
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White House official on President Trump's "thinking" right now, per the Washington Post: https://t.co/4vz2CCkr9F
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The Kobeissi Letter
BREAKING: Warren Buffett says social media reports alleging that he supports the tariffs being implemented are fake.
This comes after President Trump posted a video which said Buffett praised Trump's tariffs. https://t.co/EJmDDi89Fh
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BREAKING: Warren Buffett says social media reports alleging that he supports the tariffs being implemented are fake.
This comes after President Trump posted a video which said Buffett praised Trump's tariffs. https://t.co/EJmDDi89Fh
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The Kobeissi Letter
President Trump posted this video today:
"Trump is crashing the stock market by 20% this month, but he's doing it on purpose."
"Why is he doing this? To push cash into treasuries."
Our followers have known about this for 3 months, but he's now explicitly stating it. https://t.co/4akpzm2LAw
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President Trump posted this video today:
"Trump is crashing the stock market by 20% this month, but he's doing it on purpose."
"Why is he doing this? To push cash into treasuries."
Our followers have known about this for 3 months, but he's now explicitly stating it. https://t.co/4akpzm2LAw
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The Kobeissi Letter
BREAKING: The S&P 500 collapses to a new low of the day, now down -5.3%. https://t.co/wU6LpuAwz7
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BREAKING: The S&P 500 collapses to a new low of the day, now down -5.3%. https://t.co/wU6LpuAwz7
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BREAKING: Silver prices extend losses to -8.2% on the day as the rush to the sidelines accelerates into the weekend. https://t.co/1zWh5u7Sxz
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BREAKING: Silver prices extend losses to -8.2% on the day as the rush to the sidelines accelerates into the weekend. https://t.co/1zWh5u7Sxz
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The Kobeissi Letter
BREAKING: The S&P 500 is now 1.4% away from its first circuit breaker since March 2020.
If the S&P 500 falls below 5,018 before 3:25 PM ET, a 15-minute Level 1 trading halt will begin.
If it occurs after 3:25 PM ET, trading will NOT be halted. https://t.co/SB6E7hlKBQ
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BREAKING: The S&P 500 is now 1.4% away from its first circuit breaker since March 2020.
If the S&P 500 falls below 5,018 before 3:25 PM ET, a 15-minute Level 1 trading halt will begin.
If it occurs after 3:25 PM ET, trading will NOT be halted. https://t.co/SB6E7hlKBQ
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