The Kobeissi Letter
The Kobeissi Letter|Apr 14, 2025 15:10
BREAKING: US financial conditions are now their tightest since the 2020 pandemic, per ZeroHedge. Financial conditions are even tighter than during one of the most rapid Fed hike cycles of all time, in 2022. Conditions have tightened rapidly as stocks have pulled back, while credit spreads have risen. To put it differently, the availability and cost of financing for economic activity have worsened. That suggests the economy may slow even further in the upcoming months. Is Fed intervention imminent?
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