The Kobeissi Letter
The Kobeissi Letter|May 20, 2025 15:16
Current situation: 1. Stocks are rising like the trade war is over 2. Gold is rising like the trade war is escalating 3. Yields are rising like the US has avoided a recession 4. Oil prices are falling like the US is entering a recession 5. The US Dollar Index is falling like inflation is gone 6. Bitcoin is rising like inflation is back on the rise Never a dull moment in this market.
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