⁠The Kobeissi Letter
BREAKING: JP Morgan says they expect a US recession in 2025 after this week's events. https://t.co/2bM9cX96XV

It's official:

The Nasdaq 100 is in a bear market following a -6% drop today, the largest drop since March 2020.

US stocks have now erased a massive -$11 TRILLION since February 19th with recession odds ABOVE 60%.

What does it all mean? Let us explain.

(a thread) https://t.co/NMOqfmKyyP - The Kobeissi Letter
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⁠The Kobeissi Letter
The Fear & Greed Index closed the week at 4, Extreme Fear.

There has rarely ever been a time in recent history with more fear in the market. https://t.co/VaPjODwwmR
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⁠The Kobeissi Letter
BREAKING: Germany is considering withdrawing $124 billion worth of gold from US reserves after President Trump's reciprocal tariffs. https://t.co/RnByoPt4wl
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AkhenOsiris
This 😥

Time to make up and adjust formula 🤦🏼‍♂️

If you update that fantastic tariff formula for the Vietnam removing tariffs.. the tariff for Vietnam remains exactly the same in that math.. - Random Muppet
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AkhenOsiris
All the comments about stability in his department were essentially saying Trump henchmen are toddler-like retards

Whether you agree with his policy stance or not the only adult in the room is Powell. -  Q-Cap 
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AkhenOsiris
Maybe a Freudian slip, but Powell just called the current situation "like other crises" when discussing if he chatted with other central bank colleagues
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AkhenOsiris
Based on the newsflow today on the heels of back-to-back massive market losses (this is all over mainstream news, Main St is scared):

- Bessent might be willing to show some fucking spine according to Fox News

- Trump touts Vietnam conversation

- as per @markflowchatter , tech leaders to visit Trump

I would think the risks this weekend are greater to the upside (unlike the past 8 wks, weekend news was always chest thumping and rhetoric). Let's see.
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AkhenOsiris
TTWO finally broke below $200
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AkhenOsiris
IPOs shelved

Should Discord, Klarna shelve IPO plans until calmer markets? - AkhenOsiris
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AkhenOsiris
Sometime in the year 2100:

Ask AI: What was the market's biggest exogenous shock in the last 100 years?

Answer: Believe it or not, it was when an old orange idiot called Donald Trump took office in 2025. He was able to replicate and in some cases outdo the bear markets due to subprime mortgages, terrorist attacks, and a global pandemic. The speed of the drawdown due to Trump's retarded reciprocal tariff proposals was exacerbated in large part because almost all market participants were caught offsides.
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AkhenOsiris
Trump and his ancient retarded cronies are skating to where the puck was...40 yrs ago.

Let's bring menial labor back to the US and stifle the high margin, high intellect tech industry.
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AkhenOsiris
I miss that wonderful time in history (4 wks ago) when tariffs were purely a negotiating tactic, and if actually enacted, 10-15% at most.
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AkhenOsiris
Stop advertising this shit to us and pick up the damn phone with your other trump lickers and tell him

Vix spiking. Highest fear level since covid. Now things start to break. The danger w shock therapy approaches in complex systems - it’s impossible to model the negative reflexivity. Time to make some deals & move on before we cause a recession & lose support for tax reform.😮📉 - Brad Gerstner
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AkhenOsiris
RT @novy_williams: Oct. 2021: @VividSeats goes public, stock has struggled
June 2022: @Seatgeek calls off reverse merger
April 2023: @Seatgeek files confidential IPO docs (hasn't happened)
Apr. 2025: @StubHub hits pause on IPO

What's up with these ticket companies? hollywoodreporter.com/busine…
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