According to @KobeissiLetter, the threatened tariffs on the EU are set to impact approximately $600 billion of imports, which could potentially reduce US GDP by 70 basis points and add 40 basis points to inflation. This information suggests that stagflation may have already begun, affecting trading strategies that rely on economic stability. The potential economic impacts should be considered by traders when evaluating market positions, particularly in sectors sensitive to import costs and inflationary pressures.

According to @KobeissiLetter, tariffs threatened on the EU, totaling approximately $600 billion of imports, could significantly impact the US economy. These tariffs are projected to reduce US GDP by about 70 basis points and contribute an additional 40 basis points to inflation. The analysis highlights the risk of stagflation, indicating potential challenges for traders in adjusting strategies accordingly.

According to The Kobeissi Letter, the Atlanta Fed's GDPNow estimate, adjusted for gold, has decreased significantly from +3.9% to +0.2%. Despite the 'gold adjustment' that raises forecasts from -1.8% to +0.2%, the overall US GDP growth expectations have sharply declined. This suggests potential negative impacts on the market, as lower GDP growth can indicate weaker economic conditions.

According to The Kobeissi Letter, the Atlanta Fed's gold-adjusted GDPNow estimate has drastically decreased from +3.9% to +0.2%. Despite adjustments for gold imports, which shift GDP forecasts from -1.8% to +0.2%, the underlying US GDP growth expectations have significantly declined. This indicates potential economic downturns that traders should be aware of when considering market positions.

According to The Kobeissi Letter, the Nasdaq's market cap to US GDP ratio reached a historic 103% in 2024, marking a significant increase of approximately 40 percentage points since the October 2022 low. This surpasses the previous high set in 2021 and highlights the Nasdaq's continued growth, which could influence trading strategies in tech-heavy portfolios.

According to The Kobeissi Letter, technology stocks' enterprise value has reached a record 62.5% of US GDP, highlighting a significant market concentration. This is particularly noteworthy as the ongoing trade war heavily targets these tech companies, potentially leading to increased volatility in the market. Retail traders should prepare for substantial market swings as developments unfold in 2025.

According to The Kobeissi Letter, technology stocks' enterprise value now equals a record 62.5% of US GDP. This valuation comes amid a trade war highly focused on these technology names, leading to expectations of larger market swings. Retail traders should prepare for significant volatility in 2025, as the market dynamics evolve.