According to @KobeissiLetter, Microsoft (MSFT) announced a $30 billion investment in AI infrastructure in the UK, creating a high-impact headline for AI and cloud exposure. According to @KobeissiLetter, traders can treat this large AI capex headline as a near-term catalyst to watch MSFT price action and volume alongside AI-exposed equities such as semiconductors and data center operators. According to @KobeissiLetter, the UK focus may also steer attention toward Europe-linked AI supply chains and power capacity themes that often influence market positioning. According to @KobeissiLetter, AI-themed crypto tokens like FET, RNDR, AKT, and GRT are also relevant watchlist names when major AI infrastructure expansions are reported.

According to The Kobeissi Letter, US household allocation to stocks rose by 2.2 percentage points in Q2 2025 to a record 45.4%, marking the sixth increase in seven quarters and standing about 15 points above the 2020 low, roughly 3 points above the 2021 record, and about 7 points above the 2000 dot-com peak (source: The Kobeissi Letter, Sep 16, 2025). According to The Kobeissi Letter, Americans now hold a record $51.2 trillion in corporate equities and mutual fund shares, with households described as "all-in on equities," a positioning gauge traders can use to assess risk appetite and potential mean-reversion risk across risk assets (source: The Kobeissi Letter, Sep 16, 2025). According to the International Monetary Fund, equity–crypto comovements strengthened post-2020, meaning shifts in US equity positioning can transmit to BTC and ETH volatility, warranting cross-asset monitoring by crypto traders (source: IMF, Crypto Prices Move More in Sync With Stocks, Jan 2022).

According to @KobeissiLetter, NYSE and NASDAQ 52-week highs have reached their highest level of 2025, indicating improving market breadth according to @KobeissiLetter. According to @KobeissiLetter, there have been 18 straight weeks with more new highs than new lows, the longest streak since 2021 and matching the 18-week run in Q4 2024 according to @KobeissiLetter. According to @KobeissiLetter, 60% of S&P 500 components now trade above their 200-day moving average, near the highest share since December 2024 according to @KobeissiLetter. According to @KobeissiLetter, the S&P 500 has logged 25 all-time highs year-to-date, its second-best streak since 2021, underscoring strong bullish momentum according to @KobeissiLetter.

According to @KobeissiLetter, unrealized losses on US banks’ investment securities reached $395.3 billion in Q2 2025, approximately six times higher than the peak during the 2008 Financial Crisis and marking the 13th consecutive quarter of losses as interest rates remained elevated. According to @KobeissiLetter, the FDIC Problem Bank List rose to 59 institutions in Q2 2025, or 1.3% of the aggregate, and these unrealized losses continue to pose a significant risk.

According to @KobeissiLetter, US temporary help services jobs fell by 9,800 in August to 2.5 million, the lowest level since September 2020 (source: @KobeissiLetter). According to @KobeissiLetter, excluding the 2020 pandemic, this is the lowest level in 13 years (source: @KobeissiLetter). According to @KobeissiLetter, on a year-over-year basis, temporary help services jobs recorded their 33rd consecutive monthly decline (source: @KobeissiLetter). According to @KobeissiLetter, since the March 2022 peak, the sector has lost 677,000 jobs, down 21.3%, exceeding the 20% drop seen in the 2001 recession (source: @KobeissiLetter). According to @KobeissiLetter, employment trends continue to deteriorate, signaling a weakening US labor market (source: @KobeissiLetter).

According to The Kobeissi Letter, US ETFs have taken in $825 billion in net inflows year-to-date, putting 2025 on pace to surpass the $1.1 trillion record set in 2024 (source: The Kobeissi Letter, X, Sep 15, 2025). According to The Kobeissi Letter, equity ETFs have attracted $475 billion and account for the vast majority of inflows, highlighting sustained demand for stock exposure (source: The Kobeissi Letter, X, Sep 15, 2025). According to The Kobeissi Letter, ETF inflows reached $543 billion in the first half of 2025, marking the highest first-half total on record (source: The Kobeissi Letter, X, Sep 15, 2025). According to The Kobeissi Letter, investors added over $120 billion to ETFs last month, led by large equity and bond funds (source: The Kobeissi Letter, X, Sep 15, 2025). According to The Kobeissi Letter, the source did not cite BTC, ETH, or crypto ETF flow data, and provided no direct cryptocurrency market implications (source: The Kobeissi Letter, X, Sep 15, 2025).

According to @KobeissiLetter, prediction market Kalshi has surpassed $1 billion in monthly trading volume, with the milestone referenced to Kalshi’s own announcement on X (source: The Kobeissi Letter via X, Sep 15, 2025; Kalshi via X). The cited posts disclose a monthly total but provide no product-level or historical breakdowns, limiting further quantitative comparison from the source material (source: The Kobeissi Letter via X; Kalshi via X). The $1 billion monthly figure provides a stated liquidity benchmark for sizing and routing trades on the venue as reported (source: Kalshi via X; The Kobeissi Letter via X).

According to @KobeissiLetter, President Trump today repeated his 2018 position by asking the SEC to study replacing quarterly reporting with semiannual disclosures, arguing it would allow greater flexibility and save money (source: The Kobeissi Letter on X). The Kobeissi Letter notes that in August 2018 he similarly asked the SEC to evaluate moving to six‑month reporting (source: The Kobeissi Letter on X). The SEC subsequently opened a 2018 Request for Comment on earnings releases and quarterly reports to assess market and cost impacts of reporting frequency (source: U.S. SEC, 2018 Request for Comment on Earnings Releases and Quarterly Reports). For crypto‑adjacent traders, research has documented a tighter correlation between Bitcoin and U.S. equities since 2020, underscoring why changes to U.S. equity information cadence are monitored across risk assets (source: IMF, 2022 Global Financial Stability analysis).

According to @KobeissiLetter, President Trump said U.S. companies should no longer report earnings every quarter, subject to SEC approval. Source: The Kobeissi Letter tweet, Sep 15, 2025. Under existing law, SEC Exchange Act Rules 13a-13 and 15d-13 require most registrants with publicly traded securities to file Form 10-Q each quarter. Source: U.S. Securities and Exchange Commission, Exchange Act Rules 13a-13 and 15d-13. Any change would require SEC rulemaking under the Administrative Procedure Act with a proposed rule, public comment, and a final rule published in the Federal Register before taking effect. Source: SEC Rulemaking Process; 5 U.S.C. §553; Federal Register. The SEC previously solicited public input on quarterly reporting and earnings guidance in 2018 following a presidential request, indicating precedent for review but not an automatic policy change. Source: SEC Chairman Jay Clayton, Statement on Quarterly Reporting, Aug 2018. Until the SEC approves and adopts a final rule, U.S. earnings calendars remain on the current quarterly 10-Q cadence. Source: SEC Exchange Act Rules 13a-13 and 15d-13. For trading, note that any eventual shift would affect reporting cadence for crypto-linked equities such as Coinbase (COIN), MicroStrategy (MSTR), Riot Platforms (RIOT), and Marathon Digital (MARA), while cryptoassets like BTC and ETH are not SEC-reporting issuers. Source: SEC Forms 10-Q and 20-F/6-K instructions; SEC definition of reporting company. Monitor the SEC’s docket and the Federal Register for any proposing release to calibrate event-driven strategies and implied volatility positioning. Source: SEC Rulemaking Agenda; Federal Register Notices.

According to @KobeissiLetter, U.S. Treasury Secretary Bessent said the next round of U.S.-China trade talks could produce another 90-day tariff pause, which would be the third in a row for a total of 270 days; source: The Kobeissi Letter on X, Sep 15, 2025. If this guidance is confirmed by the U.S. Treasury, de-escalation headlines have historically coincided with risk-on flows, including S&P 500 futures strength and CNH appreciation during 2019 trade-truce news; sources: Reuters, Oct 11, 2019; Bloomberg, 2019 trade detente coverage. Near term, traders may watch USD/CNH for yuan strength, copper and semiconductor equities for China-sensitive beta, and BTC for potential risk-on spillover off the headline; sources: The Kobeissi Letter on X, Sep 15, 2025; historical cross-asset reactions reported by Reuters and Bloomberg during 2019 U.S.-China tariff pauses.

According to The Kobeissi Letter, Alphabet (GOOGL) officially reached a $3 trillion market capitalization on Sep 15, 2025, becoming the fourth company in history to hit this milestone (source: The Kobeissi Letter). The source did not provide additional details beyond the market-cap milestone or any direct crypto market implications, so traders may monitor GOOGL’s price action around the milestone for potential breakout or profit-taking dynamics and track cross-asset risk sentiment into the next sessions (source: The Kobeissi Letter).

According to @KobeissiLetter, Elon Musk has disclosed a new $1 billion purchase of Tesla stock, pushing TSLA up over 8% and back above $425 per share for the first time since January on Sep 15, 2025 (source: The Kobeissi Letter post on X, Sep 15, 2025). The same source reports the disclosure and the immediate price reaction; no direct crypto market impact was cited (source: The Kobeissi Letter post on X, Sep 15, 2025).

According to @KobeissiLetter, the Kobeissi Letter for the week of September 15 and the Chart of the Week have been published and are available via bit.ly/TheKobeissiLetter and bit.ly/TKLChartofWeek, with free access offered for sign-ups (source: @KobeissiLetter on X, Sep 14, 2025). No specific market details or price levels were disclosed in the announcement; readers must consult the linked reports for the full analysis and any trading takeaways (source: @KobeissiLetter).

According to @KobeissiLetter, since 1975 there have been only six instances where the S&P 500 rose 30% or more over five months, and 2025 is one of them. Source: @KobeissiLetter; Carson Research via @KobeissiLetter. In those prior cases, the S&P 500 finished higher at both six and twelve months, with an average 12‑month gain of 18.1%. Source: Carson Research via @KobeissiLetter. The post adds that the Federal Reserve is about to begin cutting rates as the AI cycle accelerates, framing a pro‑risk backdrop. Source: @KobeissiLetter. For traders, this macro setup is being monitored as a potential tailwind for liquidity and risk appetite across equities and crypto markets. Source: @KobeissiLetter.

According to @KobeissiLetter, newly released data shows US household net worth jumped by $7.1 trillion in Q2 2025, averaging roughly $79 billion in added net worth per day over the quarter, which the author describes as historic, source: @KobeissiLetter. Traders track household net worth via the Federal Reserve’s Financial Accounts of the United States (Z.1) as a standard gauge of household balance sheets and wealth effects that can influence risk appetite across equities and the crypto market, source: Board of Governors of the Federal Reserve System Financial Accounts (Z.1) and @KobeissiLetter. The headline suggests a stronger macro backdrop to monitor for correlations in stock index futures, credit risk proxies, and crypto market liquidity, without implying direction, source: @KobeissiLetter.

According to The Kobeissi Letter, traders face six macro catalysts this week: August Retail Sales on Tuesday, the Fed interest rate decision, the FOMC press conference, and updated dot-plot on Wednesday, plus the Philadelphia Fed Manufacturing Index and Initial Jobless Claims on Thursday, source: The Kobeissi Letter. The releases are scheduled by the U.S. Census Bureau for Retail Sales, the Federal Reserve Board for the rate decision, press conference, and dot plot, the Federal Reserve Bank of Philadelphia for the manufacturing index, and the U.S. Department of Labor for jobless claims, source: U.S. Census Bureau; Federal Reserve; Federal Reserve Bank of Philadelphia; U.S. Department of Labor. Crypto traders should monitor BTC and ETH as FOMC days have historically shown elevated intraday volatility across digital assets and macro-sensitive risk pairs, source: Kaiko research. Rate guidance in the dot plot and any growth signals in Retail Sales can shift the U.S. dollar and Treasury yields, indirectly impacting BTC and ETH liquidity conditions during and after the event windows, source: Federal Reserve; U.S. Census Bureau.

According to @KobeissiLetter, in each of the last 20 instances when the Fed cut rates with the S&P 500 at record highs, the index finished higher 12 months later, source: @KobeissiLetter on X citing Carson Research. The average 12-month S&P 500 return across those cases was 13.9 percent, source: Carson Research via @KobeissiLetter. However, in 11 of the last 22 similar episodes, stocks were lower one month after the cut, highlighting typical near-term volatility, source: @KobeissiLetter on X citing Carson Research. The author states that near-term volatility tends to create long-term buying opportunities, which traders can use to plan staggered entries and manage risk, source: @KobeissiLetter on X. For crypto participants, this equity pattern in a key risk proxy can inform BTC and ETH positioning around a rate-cut window, especially if a one-month dip precedes a 12-month drift higher, source: @KobeissiLetter on X citing Carson Research.

According to The Kobeissi Letter, the bottom 50% of US households hold just 2.5% of total wealth, Core CPI is back above 3%, and historically when the Federal Reserve cuts rates with stocks near record highs, new all-time highs often follow over the next 12 months, which favors asset owners and widens the wealth gap, source: The Kobeissi Letter on X dated Sep 13, 2025. For positioning, historical evidence shows unexpected rate cuts boost equities and other risk assets, supporting momentum and beta exposure when financial conditions ease, source: Bernanke and Kuttner 2005 Federal Reserve and IMF blog Crypto Prices Move More in Sync With Stocks 2022. Crypto traders should track BTC and ETH alongside the S&P 500 and the Goldman Sachs Financial Conditions Index to confirm liquidity tailwinds under a rate cut regime, source: IMF 2022 on rising equity crypto correlation and Goldman Sachs Research Financial Conditions Index. Key risk is sticky inflation that could constrain the depth of cuts and raise rate volatility, so monitor BLS CPI releases and the CME FedWatch implied path for confirmation before sizing risk-on exposure, source: US Bureau of Labor Statistics and CME Group FedWatch.

According to @KobeissiLetter, the Federal Reserve is set to cut rates on Wednesday for the first time in 2025, attributing the move to a weak labor market, and notes this would be only the third year since 1996 that cuts occur while the S&P 500 is at record highs; the post introduces a thread on what happens next for markets. Source: The Kobeissi Letter on X, Sep 13, 2025.

According to @KobeissiLetter, the S&P 500 reached 6,600 for the first time and is up 36% from its April 2025 bottom, marking one of the strongest five-month rallies in U.S. history. Source: The Kobeissi Letter on X, Sep 12, 2025. For traders, a fresh SPX all-time high reinforces a risk-on regime where crypto and equities have historically moved more in sync; the IMF documented that BTC–S&P 500 correlations rose markedly during 2020–2021, making it prudent to monitor BTC and ETH beta to equities when stocks surge. Sources: The Kobeissi Letter on X, Sep 12, 2025; International Monetary Fund, Jan 2022, Crypto Prices Move More in Sync With Stocks.