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App Economy Insights
ChatGPT 4o image creation is insane!
Created from scratch with just a screenshot of our newsletter landing page. https://t.co/lHNA8pesGu
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ChatGPT 4o image creation is insane!
Created from scratch with just a screenshot of our newsletter landing page. https://t.co/lHNA8pesGu
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Offshore
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The Kobeissi Letter
Auto tariffs are HERE:
President Trump's "Liberation Day" will now include 25% tariffs on cars not made in the US.
This is set to add up to +$12,500 to the price of the average new car SOLD, but not MADE, in the US.
So, why are US automakers crashing?
(a thread) https://t.co/WzBjulVZF7
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Auto tariffs are HERE:
President Trump's "Liberation Day" will now include 25% tariffs on cars not made in the US.
This is set to add up to +$12,500 to the price of the average new car SOLD, but not MADE, in the US.
So, why are US automakers crashing?
(a thread) https://t.co/WzBjulVZF7
tweet
Offshore
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The Kobeissi Letter
Is the used car bubble returning?
As President Trump's 25% auto tariffs go live, the average new car will see $3,000 to $12,500 in new costs.
This is set to pushed used car prices higher just as they started falling following the post-pandemic run.
Your used car may actually start appreciating again.
tweet
Is the used car bubble returning?
As President Trump's 25% auto tariffs go live, the average new car will see $3,000 to $12,500 in new costs.
This is set to pushed used car prices higher just as they started falling following the post-pandemic run.
Your used car may actually start appreciating again.
Auto tariffs are HERE:
President Trump's "Liberation Day" will now include 25% tariffs on cars not made in the US.
This is set to add up to +$12,500 to the price of the average new car SOLD, but not MADE, in the US.
So, why are US automakers crashing?
(a thread) https://t.co/WzBjulVZF7 tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: General Motors stock, $GM, extends decline to -8.5% on the day as markets react to 25% auto tariffs. https://t.co/X7tqhZzz2V
tweet
BREAKING: General Motors stock, $GM, extends decline to -8.5% on the day as markets react to 25% auto tariffs. https://t.co/X7tqhZzz2V
Auto tariffs are HERE:
President Trump's "Liberation Day" will now include 25% tariffs on cars not made in the US.
This is set to add up to +$12,500 to the price of the average new car SOLD, but not MADE, in the US.
So, why are US automakers crashing?
(a thread) https://t.co/WzBjulVZF7 tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Mexico’s president says “we are going to give an integral response to tariffs after April 2nd.”
Reciprocal tariffs on the reciprocal tariffs are coming.
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BREAKING: Mexico’s president says “we are going to give an integral response to tariffs after April 2nd.”
Reciprocal tariffs on the reciprocal tariffs are coming.
The trade war is back:
Markets are expecting Trump's April 2nd reciprocal tariffs day to be the "end of uncertainty."
But, we believe it will be the exact OPPOSITE, which is why tech stocks are down over -$400 billion this week.
Here's what's coming next.
(a thread) https://t.co/UPfm1lF7dh tweet
Offshore
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The Kobeissi Letter
BREAKING: Copper prices in New York hit a record $11,600 per ton on Wednesday.
Prices have risen ~28% over the last 3 months driven by rising tariff uncertainty.
At the same time, copper prices in London have increased 15% and hit ~$10,000 per ton, the highest since June.
As a result, prices in New York are now ~$1,600 higher than in London, the largest difference on record.
This has created an arbitrage opportunity where traders buy cheaper international cargoes and ship them to the US before tariffs are imposed.
However, they risk significant losses if their copper cargoes arrive after tariffs are implemented.
Truly unprecedented times.
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BREAKING: Copper prices in New York hit a record $11,600 per ton on Wednesday.
Prices have risen ~28% over the last 3 months driven by rising tariff uncertainty.
At the same time, copper prices in London have increased 15% and hit ~$10,000 per ton, the highest since June.
As a result, prices in New York are now ~$1,600 higher than in London, the largest difference on record.
This has created an arbitrage opportunity where traders buy cheaper international cargoes and ship them to the US before tariffs are imposed.
However, they risk significant losses if their copper cargoes arrive after tariffs are implemented.
Truly unprecedented times.
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