🇺🇸📈 This is what you call a nightmare situation:

Treasury yields are now up +10% since April 3rd while the S&P 500 is down -10%.

The 10-year note yield is currently up 55 basis points in 48 HOURS.

In other words, we now have HIGHER rates with stocks pricing-in a recession.

Something broke this week.

🔗 The Kobeissi Letter

🇺🇸🛢📉 Oil -$15/Barrel since Liberation Day.

The best O&G companies in the country are $50/Breakeven.

We’re at $57 right now.

A few more days of this, and we’re going to be getting layoffs in Texas, North Dakota, Alaska, and New Mexico immediately.

🔗 Spencer Hakimian

#BREAKING

🛢📉❗️ — Crude Oil prices @ NYMEX fall under $56/Barrel, the lowest price since February 2021!

@FelipeChannel

🇺🇸❌🇨🇳❗️ — Reuters: Trump administration officials calls on US president to impose 500% tariffs on China.

🇺🇸⛓🇻🇪🇻🇪 — Donald Trump issues order and the United States announces an increase in the reward to $30 million USD for the capture of Nicolás Maduro.

🇨🇳💲❌🇺🇸❗️🌾 — 📰 Bloomberg | US Weighs Farmer Bailout as China Retaliation Threatens Exports | April 9, 2025:

"Agriculture Secretary Brooke Rollins said the administration is considering plans to offer assistance to farmers amid worries that the US-China trade war will have a disastrous effect on American agricultural producers.

China announced plans to increase tariffs on all American goods to 84% after President Donald Trump raised duties on Chinese imports to 104%. During a smaller trade fight with Beijing during Trump’s first term, his administration used the Commodity Credit Corporation to offer $28 billion to bail out US farmers. The government-owned and operated entity was created to boost farm income and prices.

“We are looking at that again,” Rollins told Bloomberg News Wednesday at the White House. “Obviously everything is on the table, but we’re in such a period of uncertainty in terms of what this looks like.”

The Agriculture secretary said, however, that no decisions have been made on whether to extend financial assistance to farmers.

“The goal is we won’t need to do it at all, that these changes and the realignment of the economy will result in an unprecedented air of prosperity for all Americans, but especially for our farmers and our ranchers,” Rollins said."

#Geoeconomics #WWT

🗄 Archive

🔗 Source:

🇧🇷🤡💥🌐 — The President of Brazil, Luiz Inácio Lula da Silva (PT), mocked the head of the International Monetary Fund (IMF) and downplayed her leadership role within the organization.

➡️ In his account of a meeting with the IMF's Managing Director, Kristalina Georgieva, in May 2023, the leftist leader used a term widely considered sexist to refer to the Bulgarian economist. The president referred to Georgieva in a dismissive tone, calling her a “little woman,” while recalling what she allegedly said about Brazil’s growth prospects.

💬 “I met with a little woman, you know, the president of the IMF, the managing director of the IMF, she didn’t even know me. ‘President Lula, President Lula, you know things are tough for Brazil, Brazil is only going to grow 0.8%,’” he recounted, mimicking Georgieva’s voice and facial expressions. Lula then continued his story, pointing out that, by the end of 2023, Brazil had outperformed expectations and grew by 3.2%.

Source 🖇

🇺🇸 - Trump RAISES tariffs on China to *125%*

- TRUMP PAUSES the new tariffs on every other country for 90 days because they did NOT retaliate, and lowers reciprocal tariff levels

@CIG_telegram