According to The Kobeissi Letter, the US government is set to distribute more than 400 billion dollars in stimulus payments for the first time since 2021, alongside Fed rate cuts, inflation back above 3 percent, and a weakening labor market, which the author frames as bullish for risk assets. Source: The Kobeissi Letter on X, Nov 9, 2025. According to The Kobeissi Letter, Magnificent 7 companies are investing over 100 billion dollars per quarter in AI-related capital expenditures and stocks are at record highs, which the author says will add fuel to the bull market; risk assets commonly include cryptocurrencies and are sensitive to liquidity conditions. Source: The Kobeissi Letter on X, Nov 9, 2025; Source: Investopedia.