RT The Kobeissi Letter (@KobeissiLetter)BREAKING: The S&P 500 falls 70+ points in seconds after President Trump publishes the below paragraph about China.Trump says he is calculating increased tariffs on Chinese products.Trump also says there is "no reason" to meet Chinese President Xi anymore. https://t.co/fKPadrPefL ...

Breaking: President Trump threatened to raise tariffs and impose export controls on China, citing the country’s newest restrictions on rare-earth materials https://t.co/bzWvePNwNY ...

💥BREAKING:Trump just announced a “massive increase” in tariffs on China.Within 3 minutes, the S&P 500 wiped out $700 billion in market value. https://t.co/2kX4PUFPoz ...

Bo Mason has spent his entire life farming in Arkansas. >> I still learn something new every day. >> Corn, rice, and soybeans.>> That's what a US soybean should look like. >> Yellow is perfect. >> Soybeans are one of the most valuable US agriculture exports.From human food to the oil used to make a Goodyear tire, this tiny plant is mighty. And American soybean farmers say they're in the middle of a massive growing crisis. When that is full, there should be uh 650 bushel.At a $10 soybean, you know, that'd be ...

Trump says he sees “no reason” to meet Chinese President Xi Jinping and threatened a “massive increase” of tariffs on goods from China https://t.co/NlYgyBG61p ...

NEW: 🇺🇸 President Trump posts long China rant, threatening to raise tariffs while saying there is "no reason" to meet with President Xi.Markets not liking this one 😬 https://t.co/VOE167bwyZ ...

Levi Strauss - Levi Strauss reported better-than-expected earnings, with adjusted EPS of 34 cents per share and revenue exceeding $1.5 billion [2][3] - The company anticipates a 3% decline in fourth-quarter revenue compared to last year, citing concerns over tariffs impacting demand [2][4] - For the fiscal year, Levi Strauss expects a sales increase of 3%, up from a prior forecast of 1-2%, and adjusted EPS guidance has been raised to between $1.27 and $1.32 [4][5] Oracle - Oracle received positive adjustments from analysts, with Ever ISI raising its price target to $350 and Citigroup boosting it to $415, maintaining a buy rating [6][7] - Analysts view recent pullbacks in Oracle's stock as a buying opportunity, driven by growth in Oracle Cloud Infrastructure (OCI) and expected clarity on capital expenditures and profitability from AI projects [7][8] - An upcoming AI world event in Las Vegas is anticipated to serve as a catalyst for Oracle's stock [9] Applied Materials - Applied Materials saw a price target increase from B Riley to $265, up from $200, with a buy rating maintained [10] - The stock has risen over 30% year-to-date, driven by expectations of significant order growth in semiconductor capital equipment [11][12]

Economic Growth - Economic growth has shown resilience in 2025 year-to-date despite negative macroeconomic conditions caused by the trade war and tariffs [1] - The primary reason for this resilience is likely attributed to frontloading [1]

Monetary Policy & Economic Data - The Fed is closely monitoring private sector data to compensate for potential government data delays, but acknowledges it may not be fully representative [4][5] - The Fed considers the labor market weakness as a key factor in policy decisions, with concerns about negative job growth [6][7] - The Fed acknowledges the importance of CPI data for assessing inflation, especially regarding colleagues' concerns [10][11] - The Fed views tariff effects as one-off events and focuses more on the labor market when setting policy [12][14] Labor Market Assessment - The labor market is considered weak, with negative job growth and a lack of hiring plans reported anecdotally [6][7][8] - There is no evidence of a tight labor market, with no wage increases or rising vacancies [15][16] Inflation & Tariffs - Tariff effects are seen as one-time price increases, not causing persistent inflation, consistent with central bank's long-standing view [12][13] - Businesses are passing tariffs through to higher-income consumers but not to lower-income consumers [18][19] - There's an estimated 40% pass-through of tariffs to prices, showing a correlation between tariff size and price changes [19] Future Policy Direction - The Fed is leaning towards cutting rates but cautiously, considering the divergence between a weak labor market and strong GDP growth (close to 4%) [20][22] - The Fed prefers a gradual approach to rate cuts (quarter point) to allow for adjustments based on incoming data [23] Private Credit Market - The Fed does not view the private credit market as a significant systemic risk due to the substantial equity positions involved [24][25]

Japan’s economy likely contracted in the third quarter after five consecutive periods of growth, as US President Trump’s tariffs campaign took a toll on exports, according to a Bloomberg survey of economists https://t.co/nB3jYfSx5L ...