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The Kobeissi Letter
The Kobeissi Letter|Jul 11, 2025 19:43
Over the last 2 weeks: 1. President Trump and Elon Musk feud escalates 2. Congress passes Trump's "Big Beautiful Bill" 3. Elon Musk announces establishment of "America Party" 4. President Trump calls for a record breaking 300 bps rate cut 5. US FHFA Director claims Fed Chair Powell is considering resigning 6. US stock market rallies to a new all time high Has there ever been a more entertaining market?
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