According to The Kobeissi Letter, the US has posted a two-month trade deficit of $301 billion, a figure unprecedented in recent history. This surge is attributed to producers' panic and preemptive actions in response to impending tariffs. Such a significant deficit is a clear indicator of economic distress, highlighting potential market volatility and trading opportunities in currency and commodity markets.

According to The Kobeissi Letter, citing Zerohedge, initial jobless claims in Washington DC have surged over 200% Year-to-Date (YTD), while Texas has seen an increase of approximately 140% during the same period. This contrasts with the majority of other states, which have experienced a decline in unemployment claims. This data highlights potential economic distress in these areas, which could affect local economic stability and labor market conditions, influencing investment decisions.