The Kobeissi Letter

From September 2022 to April 2023, Adam Kobeissi appeared several times on FOX Business in conversation with host Charles Payne, on topics including that the Fed must remain aggressive to minimize long-term pain (September 20, 2022), that stock market volatility is here to stay (October 24, 2022), that a recession is the quickest way to lower inflation (January 10, 2023), that a full backstop was needed to restore confidence in regional banks (March 21, 2023), and whether the era of small banks was over (April 17, 2023).⁠[1][1][1][1][1]

Ahead of Tesla’s first annual investor day on March 1, 2023, Adam Kobeissi said the event would show the market that Tesla remained Elon Musk’s top priority, as markets had grown concerned that Musk was spreading himself too thin and Tesla’s stock had fallen nearly 80% from its 2021 high; he also said that if Tesla announced a cheaper car at around $25,000, the markets would view it as highly favorable.⁠[2][2][2][2][2][2]

In March 2023, The Kobeissi Letter posted a thread on Twitter saying that more than $2.5 trillion in commercial real estate debt would mature over the next five years, far more than in any other five-year period in history, while rates had more than doubled, so refinancing would be incredibly expensive and could lead to the next major crisis; the thread also said that 70% of commercial real estate loans were held by small banks. Elon Musk replied that this was “by far the most serious looming issue. Mortgages too.”⁠[3][3][3][3][3][3][3]

The Kobeissi Letter is a subscription-based weekly newsletter divided into six sections covering the S&P 500, crude oil, natural gas, gold, bonds, and options, providing targets, stops, and analysis of macroeconomic trends; subscribers can also join a private X feed for intra-week updates. The same subscription includes MPW Analysis, published twice a week by the trader MasterPandaWu; free content includes the “Chart of the Week,” a weekly technical analysis of a stock, commodity, or exchange-traded fund.⁠[4][4][4][4][4][5][5][5]

The publisher, TKL, Inc., describes itself as a financial publisher and states that its content does not constitute personalized investment recommendations; its affiliates serve as investment advisers to clients (including limited partnerships and other pooled investment vehicles) and may buy or sell securities mentioned in the newsletter. Since 2021, the newsletter has published a performance report for the previous year every January 1, the earliest covering 2020.⁠[6][6][6][6][7]

The Kobeissi Letter: Official website: https://www.thekobeissiletter.com/ (opens in a new window).⁠[5]

X: Public account: https://x.com/KobeissiLetter (opens in a new window)⁠[8]

LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Public profile: https://www.linkedin.com/company/the-kobeissi-letter/ (opens in a new window)⁠[5]