The Kobeissi Letter
The results of our below poll are extremely interesting.
The MAJORITY of the 50,000 votes currently support President Trump's tariffs.
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The results of our below poll are extremely interesting.
The MAJORITY of the 50,000 votes currently support President Trump's tariffs.
POLL: Do you support President Trump's tariffs?
Explain your reasoning in the comments.
- Yes
- No tweet
twitter.com
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Offshore
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The Kobeissi Letter
The most shocking part about President Trump's "reciprocal tariffs" day:
The fact that tariffs were imposed on 185 countries AT ONCE and the news was not leaked in advance is incredible.
This is likely the largest wave of tariffs imposed by the US in history, and markets had no idea it was coming.
In fact, after the initial announcement of 10% baseline tariffs, stocks RALLIED because markets thought "that was all."
Then, when President Trump picked up the poster as shown below, stocks erased $2 trillion in minutes.
We are truly witnessing history.
tweet
The most shocking part about President Trump's "reciprocal tariffs" day:
The fact that tariffs were imposed on 185 countries AT ONCE and the news was not leaked in advance is incredible.
This is likely the largest wave of tariffs imposed by the US in history, and markets had no idea it was coming.
In fact, after the initial announcement of 10% baseline tariffs, stocks RALLIED because markets thought "that was all."
Then, when President Trump picked up the poster as shown below, stocks erased $2 trillion in minutes.
We are truly witnessing history.
tweet
Offshore
Photo
Investing visuals
$NVDA is down 🔻30% from its January high.
Meanwhile:
🔹Revenue is growing 70%
🔹Free cash flow is up 125%
🔹It is trading at its lowest valuation in 6 years https://t.co/itUeqKKIti
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$NVDA is down 🔻30% from its January high.
Meanwhile:
🔹Revenue is growing 70%
🔹Free cash flow is up 125%
🔹It is trading at its lowest valuation in 6 years https://t.co/itUeqKKIti
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Offshore
Photo
Investing visuals
It might feel very uncomfortable, but days like today are the best time to add to your favorite stocks.
Did you do some buying today? https://t.co/1uQsi0fRIl
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It might feel very uncomfortable, but days like today are the best time to add to your favorite stocks.
Did you do some buying today? https://t.co/1uQsi0fRIl
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AkhenOsiris
Reuters:
Cambodia is facing tariffs of 49% that will hurt its garment and footwear industries and promise to crush hopes that it could attract investment relocating from other countries in the region.
It is a "very, very serious situation for the economy," said a Cambodia-based investment consultant who declined to be identified.
There is "nothing that Cambodia can offer as a negotiating tool, and will be at the back of a very long queue," he added.
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Reuters:
Cambodia is facing tariffs of 49% that will hurt its garment and footwear industries and promise to crush hopes that it could attract investment relocating from other countries in the region.
It is a "very, very serious situation for the economy," said a Cambodia-based investment consultant who declined to be identified.
There is "nothing that Cambodia can offer as a negotiating tool, and will be at the back of a very long queue," he added.
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AkhenOsiris
Yes, Xi can control this 😂
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Yes, Xi can control this 😂
Lutnick: "20% China tariff would drop if Xi offers fentanyl cuts"
I see you Apple -8% - Consensus Mediatweet
AkhenOsiris
On some planet, far far away...Stephanie Link and Jim Lebenthal were fully invested going into Liberation Day announcement.
Ok, ok, I'm kidding...the planet is not far, it's Earth and this is real...so they have no capital to deploy in this nasty tape and are forced sellers essentially.
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On some planet, far far away...Stephanie Link and Jim Lebenthal were fully invested going into Liberation Day announcement.
Ok, ok, I'm kidding...the planet is not far, it's Earth and this is real...so they have no capital to deploy in this nasty tape and are forced sellers essentially.
tweet
Offshore
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The Kobeissi Letter
Retail investors are becoming even more bearish:
The share of individual investors expressing bearish sentiment over the next 6 months in the AAII survey hit 61.9%, the most since March 2009.
This is also the 3rd-highest reading since the survey began in 1987.
By comparison, the 2022 bear market peak was 60.8%.
AAII Bearish Sentiment has been above 55.0% for 6 consecutive weeks, the longest stretch since the 1990s.
This has surpassed the previous 5-week streaks during the 2008 Financial Crisis and the 2022 bear market.
Market sentiment has rarely been this pessimistic.
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Retail investors are becoming even more bearish:
The share of individual investors expressing bearish sentiment over the next 6 months in the AAII survey hit 61.9%, the most since March 2009.
This is also the 3rd-highest reading since the survey began in 1987.
By comparison, the 2022 bear market peak was 60.8%.
AAII Bearish Sentiment has been above 55.0% for 6 consecutive weeks, the longest stretch since the 1990s.
This has surpassed the previous 5-week streaks during the 2008 Financial Crisis and the 2022 bear market.
Market sentiment has rarely been this pessimistic.
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