Offshore
Photo
The Kobeissi Letter
BREAKING: Wall Street executives reportedly "lit up" Treasury Secretary Bessent’s phone as stocks crashed this week asking him to convince President Trump to change his mind on tariffs, per Bloomberg.
However, it was determined that "Bessent wasn't the primary driver of the tariff announcement."
tweet
BREAKING: Wall Street executives reportedly "lit up" Treasury Secretary Bessent’s phone as stocks crashed this week asking him to convince President Trump to change his mind on tariffs, per Bloomberg.
However, it was determined that "Bessent wasn't the primary driver of the tariff announcement."
This is truly insane:
On February 20, JP Morgan CEO Jamie Dimon sold $234 million worth of $JPM stock.
On February 22, Warren Buffett disclosed a record $334 BILLION cash balance.
30 trading days later, the Nasdaq 100 crashed -24%.
How did they know?
(a thread) https://t.co/k6hvmkz3WY tweet
Offshore
Photo
The Kobeissi Letter
Jim Cramer warns of a potential "Black Monday" scenario this week and suggests the S&P 500 could fall 22% on Monday. https://t.co/ogByTRnGds
tweet
Jim Cramer warns of a potential "Black Monday" scenario this week and suggests the S&P 500 could fall 22% on Monday. https://t.co/ogByTRnGds
This is truly insane:
On February 20, JP Morgan CEO Jamie Dimon sold $234 million worth of $JPM stock.
On February 22, Warren Buffett disclosed a record $334 BILLION cash balance.
30 trading days later, the Nasdaq 100 crashed -24%.
How did they know?
(a thread) https://t.co/k6hvmkz3WY tweet
Offshore
Photo
Finding Compounders
Bill Nygren basically lays out why the P/E ratio is misleading. https://t.co/1EsAaW7Z7i
tweet
Bill Nygren basically lays out why the P/E ratio is misleading. https://t.co/1EsAaW7Z7i
tweet
Offshore
Photo
Hidden Value Gems
My latest post is out, in which I discuss my Portfolio and share some thoughts on the markets and possible future steps.
#StockMarket #Investing #Stocks #Value https://t.co/NswAH5FM65
tweet
My latest post is out, in which I discuss my Portfolio and share some thoughts on the markets and possible future steps.
#StockMarket #Investing #Stocks #Value https://t.co/NswAH5FM65
tweet
Offshore
Photo
Hidden Value Gems
Just bought a 10-trip travel card for €8,90 in Madrid - that’s what I call value.
I would pay the same to travel for 30 min from my place in London (zone 3) to the centre. For a single trip.
Better, quieter trains is an extra bonus!
🇪🇸 https://t.co/C0Mi4EETC7
tweet
Just bought a 10-trip travel card for €8,90 in Madrid - that’s what I call value.
I would pay the same to travel for 30 min from my place in London (zone 3) to the centre. For a single trip.
Better, quieter trains is an extra bonus!
🇪🇸 https://t.co/C0Mi4EETC7
tweet
Offshore
Photo
Finding Compounders
Was just re-reading Howard Marks memo and this stuck with me
Focus on staying power !! Longevity compounds https://t.co/FtdhLMEjEC
tweet
Was just re-reading Howard Marks memo and this stuck with me
Focus on staying power !! Longevity compounds https://t.co/FtdhLMEjEC
tweet
AkhenOsiris
WSJ:
The lack of communication between the US and China shows no signs of letting up. What lies ahead is likely to be a cycle of tit-for-tat retaliation, making it hard to even start negotiations in the near term.
Trump had indicated that he was open to a deal with China, and Beijing hoped to explore one centered on what China was willing to offer, such as more Chinese purchases of American products and more Chinese investment in the U.S.
But in the following weeks, wherever senior Chinese officials tried to engage the new administration, they found only closed doors.
Foreign Minister Wang Yi sought a meeting with Trump’s national-security adviser Mike Waltz in February while he was in the U.S. for a United Nations meeting, according to people who consult with senior Chinese officials. Wang, who had hoped to revive a line of communication he had had with Waltz’s predecessor, Jake Sullivan, got nowhere with the Trump team.
The full-blown trade war during Trump’s first term had strengthened Xi’s resolve to fortify China against a new Trump-like assault. And yet, in the absence of contacts with the Trump team, Washington’s most formidable adversary settled on a wait-and-see approach.
Trump had suggested a meeting with Xi could come in the “not too distant future.” But given the heightened pressure from the U.S., Chinese officials have indicated to U.S. executives that Xi is unlikely to visit the U.S. soon.
The current Chinese ambassador to Washington, Xie Feng, has tried in vain to engage with Trump adviser Elon Musk, according to the people who consult with Chinese officials. Beijing had hoped that Musk, whose company Tesla makes half its electric vehicles in China, could help counterbalance the China hard-liners on Trump’s team.
Other U.S. business leaders, such as Wall Street financiers that Chinese leaders have often turned to in periods of trouble, now see little upside in acting as a go-between for Beijing. “Who wants that role?” said a senior American executive. “No one.”
tweet
WSJ:
The lack of communication between the US and China shows no signs of letting up. What lies ahead is likely to be a cycle of tit-for-tat retaliation, making it hard to even start negotiations in the near term.
Trump had indicated that he was open to a deal with China, and Beijing hoped to explore one centered on what China was willing to offer, such as more Chinese purchases of American products and more Chinese investment in the U.S.
But in the following weeks, wherever senior Chinese officials tried to engage the new administration, they found only closed doors.
Foreign Minister Wang Yi sought a meeting with Trump’s national-security adviser Mike Waltz in February while he was in the U.S. for a United Nations meeting, according to people who consult with senior Chinese officials. Wang, who had hoped to revive a line of communication he had had with Waltz’s predecessor, Jake Sullivan, got nowhere with the Trump team.
The full-blown trade war during Trump’s first term had strengthened Xi’s resolve to fortify China against a new Trump-like assault. And yet, in the absence of contacts with the Trump team, Washington’s most formidable adversary settled on a wait-and-see approach.
Trump had suggested a meeting with Xi could come in the “not too distant future.” But given the heightened pressure from the U.S., Chinese officials have indicated to U.S. executives that Xi is unlikely to visit the U.S. soon.
The current Chinese ambassador to Washington, Xie Feng, has tried in vain to engage with Trump adviser Elon Musk, according to the people who consult with Chinese officials. Beijing had hoped that Musk, whose company Tesla makes half its electric vehicles in China, could help counterbalance the China hard-liners on Trump’s team.
Other U.S. business leaders, such as Wall Street financiers that Chinese leaders have often turned to in periods of trouble, now see little upside in acting as a go-between for Beijing. “Who wants that role?” said a senior American executive. “No one.”
tweet
The Kobeissi Letter
President Trump is completely SILENT:
It has now been over 36 hours since the last tariff headline from President Trump.
No mention of any potential tariff deals, phone calls, or delays in tariffs.
“Reciprocal tariffs” will officially go live at 12:01 AM ET.
President Trump has less than 12 hours until stock market futures open in the U.S.
If he remains silent until then, then one thing is CLEAR:
Is he certainly “not watching the stock market,” as he began announcing on March 6th.
The market is in desperate need of hope.
tweet
President Trump is completely SILENT:
It has now been over 36 hours since the last tariff headline from President Trump.
No mention of any potential tariff deals, phone calls, or delays in tariffs.
“Reciprocal tariffs” will officially go live at 12:01 AM ET.
President Trump has less than 12 hours until stock market futures open in the U.S.
If he remains silent until then, then one thing is CLEAR:
Is he certainly “not watching the stock market,” as he began announcing on March 6th.
The market is in desperate need of hope.
tweet
The Kobeissi Letter
Key Events This Week:
1. "Reciprocal Tariff" Responses Likely Begin - Monday
2. Fed Meeting Minutes - Wednesday
3. March CPI Inflation data - Thursday
4. Initial Jobless Claims data - Thursday
5. March PPI Inflation data - Friday
6. Michigan Consumer Sentiment data - Friday
Are you ready for more historic volatility?
tweet
Key Events This Week:
1. "Reciprocal Tariff" Responses Likely Begin - Monday
2. Fed Meeting Minutes - Wednesday
3. March CPI Inflation data - Thursday
4. Initial Jobless Claims data - Thursday
5. March PPI Inflation data - Friday
6. Michigan Consumer Sentiment data - Friday
Are you ready for more historic volatility?
tweet