According to @KobeissiLetter, the US Trade Policy Uncertainty Index has risen to levels approximately 25% higher than during the peak of the Trump Trade War 1.0. This increase in uncertainty has coincided with the S&P 500 declining by 10.5% over the past six weeks, entering correction territory and resulting in a market value loss of $3 trillion over just four trading days.

According to The Kobeissi Letter, the US Trade Policy Uncertainty Index has surged to levels approximately 25% higher than those seen during the Trump Trade War 1.0. This development has coincided with a significant market downturn, as the S&P 500 has declined by 10.5% over the past six weeks, entering correction territory and wiping out $3 trillion in value over just four trading days. Traders should monitor these indicators closely as they could signal further volatility in equity markets.