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Hidden Value Gems
Not writing on the mini crash as I am enjoying the Value Spain conference, adding some very interesting names to my Buy List 📝 https://t.co/dzVorIyc3v
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Not writing on the mini crash as I am enjoying the Value Spain conference, adding some very interesting names to my Buy List 📝 https://t.co/dzVorIyc3v
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The Kobeissi Letter
RT @TKL_Adam: You know something is wrong when even gold is down -2% today.
This is a mass flight to the sidelines. https://t.co/r695lMBbfu
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RT @TKL_Adam: You know something is wrong when even gold is down -2% today.
This is a mass flight to the sidelines. https://t.co/r695lMBbfu
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The Kobeissi Letter
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
tweet
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
tweet
Offshore
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The Kobeissi Letter
What most people don’t realize:
This is actually a pretty good reaction to the largest tariff wave in U.S. history.
It’s surprising we are not “limit down.” https://t.co/TL2rBPICvX
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What most people don’t realize:
This is actually a pretty good reaction to the largest tariff wave in U.S. history.
It’s surprising we are not “limit down.” https://t.co/TL2rBPICvX
tweet
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The Kobeissi Letter
Government Responses to US Tariffs, So Far:
1. European Union: Retaliatory measures being "prepared"
2. China: Urges the US to "immediately" cancel reciprocal tariffs or they will take "counter-measures"
3. Germany: Calls on EU to pressure President Trump
4. Japan: Says tariffs are "regrettable" and seeks exemption
5. Canada: Preparing countermeasures to existing tariffs
6. Mexico: Plans a broader response as soon as April 3rd
7. South Korea: Begins emergency support for impacted industries
8. UK: Attempting to reach a trade deal with the US keeping "options open"
9. Brazil: Considering going to WTO, evaluating potential responses
Reciprocal tariffs on reciprocal tariffs will begin today.
tweet
Government Responses to US Tariffs, So Far:
1. European Union: Retaliatory measures being "prepared"
2. China: Urges the US to "immediately" cancel reciprocal tariffs or they will take "counter-measures"
3. Germany: Calls on EU to pressure President Trump
4. Japan: Says tariffs are "regrettable" and seeks exemption
5. Canada: Preparing countermeasures to existing tariffs
6. Mexico: Plans a broader response as soon as April 3rd
7. South Korea: Begins emergency support for impacted industries
8. UK: Attempting to reach a trade deal with the US keeping "options open"
9. Brazil: Considering going to WTO, evaluating potential responses
Reciprocal tariffs on reciprocal tariffs will begin today.
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 tweet
Offshore
Photo
The Kobeissi Letter
President Trump's first comment since "Liberation Day:"
He says "the operation is over [and] the patient lived."
"The prognosis is that the patient will be far stronger, bigger, better, and more resilient than ever before."
The stock market is NOT a concern, stop believing otherwise.
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President Trump's first comment since "Liberation Day:"
He says "the operation is over [and] the patient lived."
"The prognosis is that the patient will be far stronger, bigger, better, and more resilient than ever before."
The stock market is NOT a concern, stop believing otherwise.
tweet
Offshore
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The Kobeissi Letter
BREAKING: Nike shares, $NKE, extend decline to -14% on the day falling to the lowest level since October 2017.
Nike has over 530,000 employees in Vietnam which was just tariffed 46% by the US.
This is a nightmare situation for Nike. https://t.co/oRXWCJmsgk
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BREAKING: Nike shares, $NKE, extend decline to -14% on the day falling to the lowest level since October 2017.
Nike has over 530,000 employees in Vietnam which was just tariffed 46% by the US.
This is a nightmare situation for Nike. https://t.co/oRXWCJmsgk
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 tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: US Commerce Secretary Lutnick says US tariffs will go UP if a country retaliates.
In other words, we are about to see retaliatory tariffs on retaliatory tariffs on retaliatory tariffs.
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BREAKING: US Commerce Secretary Lutnick says US tariffs will go UP if a country retaliates.
In other words, we are about to see retaliatory tariffs on retaliatory tariffs on retaliatory tariffs.
"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