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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
Offshore
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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.
tweet
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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The Kobeissi Letter
BREAKING: The S&P 500 is now 2% away from triggering its first circuit breaker since March 2020. https://t.co/uT9zFv9Yq5
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BREAKING: The S&P 500 is now 2% away from triggering its first circuit breaker since March 2020. https://t.co/uT9zFv9Yq5
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