Wall Street is paying less attention to the Magnificent 7: Monthly mentions of the "Magnificent Seven" across news stories on the Bloomberg terminal are down to ~1,400, near the lowest since Q4 2023. This marks a -70% decline from the Q1 2024 peak of ~4,300 mentions, which came

The Kobeissi Letter @KobeissiLetter ·
Wall Street is paying less attention to the Magnificent 7: Monthly mentions of the "Magnificent Sev…

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  1. #1

    Leveraged ETFs are now driving markets. Leveraged ETFs now account for a record 16% of total global ETF daily trading value. This is despite representing only ~$250 billion, or 1%…

    The Kobeissi Letter @KobeissiLetter ·
    Leveraged ETFs are now driving markets. Leveraged ETFs now account for a record…
  2. #2

    BREAKING: US household debt fell -$13 billion in Q2 2026, to $18.77 trillion, the 3rd-highest level on record. This marks the first quarterly decline since the 2020 pandemic. Howe…

    The Kobeissi Letter @KobeissiLetter ·
    BREAKING: US household debt fell -$13 billion in Q2 2026, to $18.77 trillion, t…
  3. #3

    BREAKING: President Trump says the US has “total control” over the Strait of Hormuz and “I think we will keep it.”

    The Kobeissi Letter @KobeissiLetter ·
    BREAKING: President Trump says the US has “total control” over the Strait of Ho…
  4. #4

    BREAKING: Josh Kushner and Bob Iger are buying the Los Angeles Lakers for a record $12 billion. This marks the highest price ever paid for a professional sports franchise.

    The Kobeissi Letter @KobeissiLetter ·
  5. #5

    BREAKING: Gold future surge above $4,500/oz for the first time since June 5th. This puts gold futures up +14% since July 17. The gold market knows exactly what is coming next.

    The Kobeissi Letter @KobeissiLetter ·
    BREAKING: Gold future surge above $4,500/oz for the first time since June 5th.…
  6. #6

    BREAKING: Market expectations for a September rate hike fall to 34% after US CPI inflation declines to 3.4%. This marks the lowest chance of a September rate hike since July 17th.…

    The Kobeissi Letter @KobeissiLetter ·
    BREAKING: Market expectations for a September rate hike fall to 34% after US CP…

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