Offshore
Photo
The Kobeissi Letter
BREAKING: President Trump says "we are doing really well on our tariff policy." https://t.co/1Zk6Acj0m5
tweet
BREAKING: President Trump says "we are doing really well on our tariff policy." https://t.co/1Zk6Acj0m5
tweet
Offshore
Photo
Dimitry Nakhla | Babylon Capital®
This past weekend, I shared some thoughts with my investors at Babylon Capital® suggesting the current market decline appears to represent a long-term buying opportunity
Part 2: “All Past Declines Look Like an Opportunity, all Future Declines Look Like a Risk” — Morgan Housel
Part 3: “Don’t Trust the Headlines — They Often Mislead & Play on Your Emotions”
___
Many investors reached out and we took advantage of Monday morning’s dip
Could prices drop more from those lows?
Of course. But we’re not here to catch the absolute bottom—instead, our focus is on acquiring the world’s best businesses during moments of peak fear and pessimism
tweet
This past weekend, I shared some thoughts with my investors at Babylon Capital® suggesting the current market decline appears to represent a long-term buying opportunity
Part 2: “All Past Declines Look Like an Opportunity, all Future Declines Look Like a Risk” — Morgan Housel
Part 3: “Don’t Trust the Headlines — They Often Mislead & Play on Your Emotions”
___
Many investors reached out and we took advantage of Monday morning’s dip
Could prices drop more from those lows?
Of course. But we’re not here to catch the absolute bottom—instead, our focus is on acquiring the world’s best businesses during moments of peak fear and pessimism
tweet
Offshore
Photo
App Economy Insights
$JPM JPMorganChase Q1 FY25.
CEO Jamie Dimon:
"The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the potential negatives of tariffs and 'trade wars,' ongoing sticky inflation, high fiscal deficits and still rather high asset prices and volatility."
• Net revenue +8% Y/Y to $45.3B ($1.8B beat).
• Net Income +9% Y/Y to $14.6B.
• EPS: $5.07 ($0.43 beat).
• FY25 NII ~$94.5B ($0.5B raise).
tweet
$JPM JPMorganChase Q1 FY25.
CEO Jamie Dimon:
"The economy is facing considerable turbulence (including geopolitics), with the potential positives of tax reform and deregulation and the potential negatives of tariffs and 'trade wars,' ongoing sticky inflation, high fiscal deficits and still rather high asset prices and volatility."
• Net revenue +8% Y/Y to $45.3B ($1.8B beat).
• Net Income +9% Y/Y to $14.6B.
• EPS: $5.07 ($0.43 beat).
• FY25 NII ~$94.5B ($0.5B raise).
tweet
Offshore
Photo
The Kobeissi Letter
US small business optimism is fading:
The NFIB Small Business Optimism Index fell 3.4 points, to 97.4, the lowest since October.
It marks the 3rd consecutive monthly decline.
The net percent of owners expecting better business conditions tumbled 16 points, to 21%, posting the largest monthly drop since December 2020.
The share of firms expecting higher sales dropped 11 points, to 3%, the lowest since October.
Small businesses outlook is deteriorating.
tweet
US small business optimism is fading:
The NFIB Small Business Optimism Index fell 3.4 points, to 97.4, the lowest since October.
It marks the 3rd consecutive monthly decline.
The net percent of owners expecting better business conditions tumbled 16 points, to 21%, posting the largest monthly drop since December 2020.
The share of firms expecting higher sales dropped 11 points, to 3%, the lowest since October.
Small businesses outlook is deteriorating.
tweet
Offshore
Photo
The Kobeissi Letter
You can’t make this up:
Another +20 bps move in the 10Y Note Yield today puts us 100 bps ABOVE when the “Fed pivot” began.
What is the Fed thinking right now? https://t.co/8Ard5cZrlf
tweet
You can’t make this up:
Another +20 bps move in the 10Y Note Yield today puts us 100 bps ABOVE when the “Fed pivot” began.
What is the Fed thinking right now? https://t.co/8Ard5cZrlf
tweet
Offshore
Photo
Investing visuals
You're given $100,000. Would you invest it in $NVDA or $AMD? https://t.co/89tG0H4g3l
tweet
You're given $100,000. Would you invest it in $NVDA or $AMD? https://t.co/89tG0H4g3l
tweet
Offshore
Photo
Finding Compounders
RT @gainify_io: PDD now trading at its lowest EV/Revenue (1.2x) and EV/EBITDA (4.4x) forward multiples EVER.
Valuation compression is real — market pricing in a lot. Bargain or value trap? https://t.co/90GSyy1BwK
tweet
RT @gainify_io: PDD now trading at its lowest EV/Revenue (1.2x) and EV/EBITDA (4.4x) forward multiples EVER.
Valuation compression is real — market pricing in a lot. Bargain or value trap? https://t.co/90GSyy1BwK
tweet
Offshore
Photo
App Economy Insights
📉 Markets got you down?
Let’s flip the script.
Your Bear Market Survival Guide is here:
https://t.co/Q6Mn1TIxcr
tweet
📉 Markets got you down?
Let’s flip the script.
Your Bear Market Survival Guide is here:
https://t.co/Q6Mn1TIxcr
tweet
Offshore
Photo
The Kobeissi Letter
Retail investors were some of the most active stock buyers on Wednesday:
Individual investors bought a whopping $3.3 billion of US equities in the first 4.5 hours of Wednesday’s trading session, the third-largest on record.
In just 2 days, retail traders purchased over $6 billion worth of stocks, according to JPMorgan.
This comes after they sold a record amount of equities on Friday and Monday.
Retail is still buying the dip and calling for a bottom.
tweet
Retail investors were some of the most active stock buyers on Wednesday:
Individual investors bought a whopping $3.3 billion of US equities in the first 4.5 hours of Wednesday’s trading session, the third-largest on record.
In just 2 days, retail traders purchased over $6 billion worth of stocks, according to JPMorgan.
This comes after they sold a record amount of equities on Friday and Monday.
Retail is still buying the dip and calling for a bottom.
tweet