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The Kobeissi Letter
BREAKING: S&P 500 losses accelerate, now down nearly -3% on the day. https://t.co/GUEX2KNQsu
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BREAKING: S&P 500 losses accelerate, now down nearly -3% on the day. https://t.co/GUEX2KNQsu
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The Kobeissi Letter
We now know Trump's TOP economic priority:
For weeks, President Trump said there would be NO tariff delay, even as stocks erased $12+ TRILLION.
Then, the bond market BROKE and a 90-day tariff pause was implemented 12 hours later.
Keep watching bonds.
(a thread) https://t.co/M3AltQqjee
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We now know Trump's TOP economic priority:
For weeks, President Trump said there would be NO tariff delay, even as stocks erased $12+ TRILLION.
Then, the bond market BROKE and a 90-day tariff pause was implemented 12 hours later.
Keep watching bonds.
(a thread) https://t.co/M3AltQqjee
tweet
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The Kobeissi Letter
BREAKING: The White House says that tariffs on China are now at a total of 145%.
The U.S. imported $439 billion from China in 2024.
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BREAKING: The White House says that tariffs on China are now at a total of 145%.
The U.S. imported $439 billion from China in 2024.
We now know Trump's TOP economic priority:
For weeks, President Trump said there would be NO tariff delay, even as stocks erased $12+ TRILLION.
Then, the bond market BROKE and a 90-day tariff pause was implemented 12 hours later.
Keep watching bonds.
(a thread) https://t.co/M3AltQqjee tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: The Nasdaq 100’s decline accelerates to -4.3% as the White House says tariffs on China are at 145%. https://t.co/rp4xW5euXz
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BREAKING: The Nasdaq 100’s decline accelerates to -4.3% as the White House says tariffs on China are at 145%. https://t.co/rp4xW5euXz
We now know Trump's TOP economic priority:
For weeks, President Trump said there would be NO tariff delay, even as stocks erased $12+ TRILLION.
Then, the bond market BROKE and a 90-day tariff pause was implemented 12 hours later.
Keep watching bonds.
(a thread) https://t.co/M3AltQqjee tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Gold extends surge toward $3200/oz as U.S. equity markets decline.
The Dow is now down over -1,300 points on the day. https://t.co/pYnon3HnnY
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BREAKING: Gold extends surge toward $3200/oz as U.S. equity markets decline.
The Dow is now down over -1,300 points on the day. https://t.co/pYnon3HnnY
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The Kobeissi Letter
The market is now realizing that we still have:
1. 10% baseline tariffs on all countries globally
2. 25% tariffs on automobile imports to the US
3. 25% tariffs on steel and aluminum tariffs
4. 25% tariffs on imports from Canada and Mexico
5. 145% tariffs on imports from China
This list also does not include all retaliatory tariffs imposed on the US.
The 90-day pause in "reciprocal tariffs" does not even temporarily end the trade war.
The trade war is in full swing still.
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The market is now realizing that we still have:
1. 10% baseline tariffs on all countries globally
2. 25% tariffs on automobile imports to the US
3. 25% tariffs on steel and aluminum tariffs
4. 25% tariffs on imports from Canada and Mexico
5. 145% tariffs on imports from China
This list also does not include all retaliatory tariffs imposed on the US.
The 90-day pause in "reciprocal tariffs" does not even temporarily end the trade war.
The trade war is in full swing still.
tweet
Offshore
Photo
The Kobeissi Letter
BREAKING: Dow losses accelerate to -1,550 points on the day, on track for the 7th largest daily point decline in history. https://t.co/ef5iuYztSs
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BREAKING: Dow losses accelerate to -1,550 points on the day, on track for the 7th largest daily point decline in history. https://t.co/ef5iuYztSs
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Quiver Quantitative
Speaker of the House Mike Johnson just gave out a free stock tip to reporters: https://t.co/Gbe2HFH5Be
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Speaker of the House Mike Johnson just gave out a free stock tip to reporters: https://t.co/Gbe2HFH5Be
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