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The Kobeissi Letter
BREAKING: The 10-year note yield has erased its overnight decline and now trades back above 4.00%. https://t.co/k0DAiIVGiS

The free fall continues:

Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.

The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.

Is it time to BUY stocks yet?

(a thread) https://t.co/MMtYgQXhh2
- The Kobeissi Letter
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The Kobeissi Letter
RT @KobeissiLetter: Did the White House compute "reciprocal tariffs" incorrectly?

New Trump tariffs are claiming to raise $3+ trillion over 10 years.

According to AEI, the formula used to calculate tariffs levied on the US was INFLATED by up to 400%.

Here's the breakdown.

(a thread) https://t.co/bgldYnBLBK
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The Kobeissi Letter
There is NOT an "emergency Fed meeting" today.

The closed board meeting being described as an emergency meeting was scheduled on April 3rd.

These meetings happen roughly twice a month. https://t.co/Yp6YrKEO1Z
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The Kobeissi Letter
BREAKING: European Commission President von der Leyen says the European Union is ready to negotiate with the US on tariffs.
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The Kobeissi Letter
BREAKING: White House Trade Advisor Navarro says "I expect the market to quickly find a bottom."

The free fall continues:

Today's drop in US stock market futures puts S&P 500 futures down -22% and in bear market territory.

The US stock market has now erased an average of $400 billion PER TRADING DAY for 32-straight days.

Is it time to BUY stocks yet?

(a thread) https://t.co/MMtYgQXhh2
- The Kobeissi Letter
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The Kobeissi Letter
BREAKING: President Trump says he spoke with Japan's Prime Minister this morning and he is sending a top team to negotiate.

"Countries from all over the world are talking to us," he says. https://t.co/ftEMg6fHmV
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The Kobeissi Letter
BREAKING: The S&P 500 officially opens in bear market territory for the first time since 2022. https://t.co/zzcoTzRFSV
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Finding Compounders
Warren Buffett, in his 1991 letter, explains how economic franchises arise . https://t.co/bk864zJ4Zt
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The Kobeissi Letter
BREAKING: Nvidia, $NVDA, rises +9% from its low of the day and turns green. https://t.co/RFHeSpNmFW
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The Kobeissi Letter
BREAKING: The S&P 500 rises above 5,100 posting a MASSIVE 300 point reversal.

The S&P 500 just added $2 TRILLION in 30 minutes. https://t.co/r4bptAPMPo
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Quiver Quantitative
BREAKING: There are reportedly talks of a 90-day pause on tariffs.

The market is up 4% in the last few minutes.
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