
The Kobeissi Letter|Oct 05, 2025 14:32
There is a widespread rush into assets happening right now.
As inflation rebounds and the labor market weakens, the Fed is CUTTING rates.
The USD is now on track for its worst year since 1973, down over -10% YTD.
The USD has lost -40% of its purchasing power since 2000. (The Kobeissi Letter)
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