⁠The Kobeissi Letter
BREAKING: US financial conditions are now their tightest since the 2020 pandemic, per ZeroHedge.

Financial conditions are even tighter than during one of the most rapid Fed hike cycles of all time, in 2022.

Conditions have tightened rapidly as stocks have pulled back, while credit spreads have risen.

To put it differently, the availability and cost of financing for economic activity have worsened.

That suggests the economy may slow even further in the upcoming months.

Is Fed intervention imminent?
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⁠Finding Compounders
Confessions of a Buffetteer

Great presentation by Richard Rooney https://t.co/H70xrQJSYO
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⁠The Kobeissi Letter
This is the market’s reaction to Apple’s, $AAPL, tariffs being “reduced” from 145% to 20%.

That’s all you need to know to understand where we are right now. https://t.co/GAf0xl85KW
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⁠The Kobeissi Letter
BREAKING: Nvidia, $NVDA, erases all “tariff exemption” gains and turns red on the day. https://t.co/gLXVdFwEJw
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⁠The Kobeissi Letter
BREAKING: The Nasdaq officially turns negative, erasing a +2.5% gain 3 hours after the open. https://t.co/uMSdXlKo5M
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⁠The Kobeissi Letter
BREAKING: Janet Yellen says President Trump's policies are eroding trust in the US Dollar and Dollar Assets.
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⁠The Kobeissi Letter
BREAKING: President Trump says he "will do" tariffs on imported pharmaceuticals.

"All I have to do is impose a tariff... the higher the tariff, the faster they come," he says.
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⁠The Kobeissi Letter
BREAKING: The S&P 500 officially turns red on the day, erasing a 100+ point rally. https://t.co/Echl5O8cc5
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⁠The Kobeissi Letter
RT @KobeissiLetter: @JohnDoss1 It'll be red by tomorrow.
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⁠The Kobeissi Letter
BREAKING: President Trump says he "helped Apple's Tim Cook recently" just days after clarifying electronics are exempt from 145% reciprocal tariffs.

How is it decided who gets helped?
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⁠Finding Compounders
Remembering Uncle Ben ( Ben Graham) https://t.co/rHbhHmvQET
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