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The Kobeissi Letter
BREAKING: US Treasury Secretary Bessent says China will now see a massive 54% tariff rate.
That's the existing 20% tariffs on top of the 34% announced today.
Prepare for widespread reciprocal tariffs on these reciprocal tariffs. https://t.co/Mfgfla2ANi
tweet
BREAKING: US Treasury Secretary Bessent says China will now see a massive 54% tariff rate.
That's the existing 20% tariffs on top of the 34% announced today.
Prepare for widespread reciprocal tariffs on these reciprocal tariffs. https://t.co/Mfgfla2ANi
"Reciprocal tariffs" are officially HERE:
President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history.
S&P 500 futures erased -$2 TRILLION of market cap in under 15 minutes.
What just happened? Let us explain.
(a thread) https://t.co/S4pmsDweNB tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: S&P 500 futures open with a near -200 POINT drop with the Dow now down -1,300 points from its after hours high. https://t.co/O1Tq6smQyg
tweet
BREAKING: S&P 500 futures open with a near -200 POINT drop with the Dow now down -1,300 points from its after hours high. https://t.co/O1Tq6smQyg
"Reciprocal tariffs" are officially HERE:
President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history.
S&P 500 futures erased -$2 TRILLION of market cap in under 15 minutes.
What just happened? Let us explain.
(a thread) https://t.co/S4pmsDweNB tweet
Offshore
Photo
The Kobeissi Letter
This clip will go down in history:
At 4:25 PM ET, S&P 500 futures were trading +1.7% higher.
At 4:26 PM ET, Howard Lutnick handed a poster outlining "reciprocal tariffs" to President Trump.
Stock market futures fell REAL-TIME as Trump read off tariffs name by name.
By 4:42 PM ET, the S&P 500 erased over -$2 TRILLION in market cap.
That's -$125 billion per minute.
tweet
This clip will go down in history:
At 4:25 PM ET, S&P 500 futures were trading +1.7% higher.
At 4:26 PM ET, Howard Lutnick handed a poster outlining "reciprocal tariffs" to President Trump.
Stock market futures fell REAL-TIME as Trump read off tariffs name by name.
By 4:42 PM ET, the S&P 500 erased over -$2 TRILLION in market cap.
That's -$125 billion per minute.
"Reciprocal tariffs" are officially HERE:
President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history.
S&P 500 futures erased -$2 TRILLION of market cap in under 15 minutes.
What just happened? Let us explain.
(a thread) https://t.co/S4pmsDweNB tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Losses in US stock market futures are accelerating with the Nasdaq 100 now on track to open -900 POINTS lower.
The S&P 500 has erased -$2.5 trillion in market cap in 2 hours. https://t.co/upy31ZUOOA
tweet
BREAKING: Losses in US stock market futures are accelerating with the Nasdaq 100 now on track to open -900 POINTS lower.
The S&P 500 has erased -$2.5 trillion in market cap in 2 hours. https://t.co/upy31ZUOOA
tweet
Offshore
Photo
The Kobeissi Letter
DOW FUTURES NOW -1,100 POINTS. https://t.co/48lgbF5Uq2
tweet
DOW FUTURES NOW -1,100 POINTS. https://t.co/48lgbF5Uq2
"Reciprocal tariffs" are officially HERE:
President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history.
S&P 500 futures erased -$2 TRILLION of market cap in under 15 minutes.
What just happened? Let us explain.
(a thread) https://t.co/S4pmsDweNB tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Gold prices surge above $3,200/oz for the first time in history as "reciprocal tariffs" are announced.
Gold's market cap is now above $21 TRILLION. https://t.co/5R1pzjdLkN
tweet
BREAKING: Gold prices surge above $3,200/oz for the first time in history as "reciprocal tariffs" are announced.
Gold's market cap is now above $21 TRILLION. https://t.co/5R1pzjdLkN
"Reciprocal tariffs" are officially HERE:
President Trump just announced tariffs on 185 countries AT ONCE, one of the largest tariffs in US history.
S&P 500 futures erased -$2 TRILLION of market cap in under 15 minutes.
What just happened? Let us explain.
(a thread) https://t.co/S4pmsDweNB tweet