According to The Kobeissi Letter, the ISM Manufacturing PMI index dropped to 48.7 in April 2025, marking the lowest reading since November 2024 and the second consecutive month of contraction (Source: The Kobeissi Letter, Twitter, May 2, 2025). New orders rose slightly to 47.2 but stayed below the expansion threshold for a third month. For cryptocurrency traders, persistent manufacturing weakness signals rising recession risk and could drive short-term volatility in Bitcoin, Ethereum, and altcoins due to shifting risk sentiment and potential changes in Fed policy.

According to The Kobeissi Letter, the S&P 500 fell more than 2% intraday as traders reacted to the latest Q1 GDP report, which signaled slowing economic growth and increased the perceived risk of a recession. This sharp decline triggered heightened volatility and risk-off sentiment across equities, prompting investors to reassess positions in anticipation of further downside. For active traders, these market moves are a signal to monitor support levels and consider hedging strategies as macroeconomic uncertainty rises (Source: The Kobeissi Letter, April 30, 2025).

According to @RhythmicAnalyst on Twitter, recent GDP and PCE data signal increasing recession risks for financial markets. The analysis highlights that Trump’s new tariffs are straining global trade flows, while Federal Reserve Chair Jerome Powell’s delayed monetary response has limited economic stimulus options. Meanwhile, persistently high consumer credit usage, as shown in the latest Federal Reserve economic data, further pressures household balance sheets. Traders should monitor these macroeconomic indicators closely, as sustained negative trends in GDP growth and rising PCE inflation could trigger heightened market volatility and potential downturns in risk assets. (Source: @RhythmicAnalyst, April 30, 2025)

According to The Kobeissi Letter, the 10-year note yield has briefly dropped below 4.00% for the first time since October 2024, as market participants are pricing in increased recession risk. This movement indicates a shift in investor sentiment towards safer assets, which could influence cryptocurrency trading by affecting risk appetite and liquidity flows into digital assets.

According to @KobeissiLetter, the 10-year note yield dropped below 4% for the first time since October 2024 as markets anticipate increased recession risks. This movement in yields suggests investors are shifting towards safer assets, which could impact cryptocurrency markets by potentially reducing risk appetite.

According to The Kobeissi Letter, the S&P 500 has decreased by 6.5% since its peak on February 19th, after experiencing a 10% drawdown in early March. Historically, if stocks drop another 5% on average within the next 150 days, it signals a recession in the US economy.

According to The Kobeissi Letter, oil prices have plummeted to their lowest point since May 2023, driven by market concerns over an increased risk of recession and adjustments in OPEC+ supply. This significant drop reflects the market's reaction to potential economic downturns and changes in oil supply dynamics.

According to The Kobeissi Letter, gold prices have surged over 1% for the second consecutive day as markets factor in the increased risk of a recession and the potential onset of a trade war. This movement in gold prices reflects investors seeking safe-haven assets amidst economic uncertainty.

According to The Kobeissi Letter, gold prices have surged over 1% for the second consecutive day as markets react to increasing recession risks and potential trade war developments.