American consumers are now facing 7%+ mortgage rates, 4%+ inflation, and a 30% loss in the purchasing power of the US Dollar since 2020.
The second half of 2026 is going to be interesting to say the least.
The Kobeissi Letter@KobeissiLetter
Bond markets are flashing red. Today, the US 30Y Note Yield officially hit its highest level since July 2007, at 5.19%. This will soon become Americans’ biggest problem, yet the vast majority do not even know it is happening. What is happening? Let us explain. (a thread)
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