According to @KobeissiLetter, the US Trade Policy Uncertainty Index has risen to levels approximately 25% higher than during the peak of the Trump Trade War 1.0. This increase in uncertainty has coincided with the S&P 500 declining by 10.5% over the past six weeks, entering correction territory and resulting in a market value loss of $3 trillion over just four trading days.

According to @KobeissiLetter, the US Trade Policy Uncertainty Index has surged to a level approximately 25% higher than the peak during the Trump Trade War 1.0. This heightened uncertainty has coincided with a significant market reaction, as the S&P 500 has fallen by 10.5% over a six-week period, entering correction territory and resulting in a $3 trillion loss in just four trading days.

According to The Kobeissi Letter, the Nasdaq 100 experienced a significant downturn, moving from an all-time high on February 19th to a -11% correction within just 13 trading days. This rapid change underscores the volatile nature of the current market conditions.

According to The Kobeissi Letter, the Nasdaq 100 experienced a significant downturn, moving from all-time highs on February 19th to a -11% correction within just 13 trading days. This rapid change underscores the volatile nature of the current market conditions.

According to The Kobeissi Letter, Nvidia stock ($NVDA) has turned positive for the day after experiencing a significant decline of more than 20% over the past 10 trading days. This recovery may indicate a potential buying interest at the current price levels, providing an opportunity for traders to reassess the stock's valuation and momentum. Monitoring trading volumes and market sentiment could provide further insights into the sustainability of this rebound.