Independent macro research firm The Kobeissi Letter said the US economy is showing a complex convergence of market-relevant signals it calls "advance warnings" and urged investors to adjust positioning. The six signals: 1) President Trump proposing $5,000 one-off payments to all US adults; 2) oil prices back above $100/bbl; 3) US total debt surpassing a record $40 trillion; 4) inflation above 2% for 60 consecutive months; 5) one of the largest tech revolutions in modern history; 6) the Federal R

Independent macro research firm The Kobeissi Letter said the US economy is showing a complex convergence of market-relevant signals it calls "advance warnings" and urged investors to adjust positioning. The six signals: 1) President Trump proposing $5,000 one-off payments to all US adults; 2) oil prices back above $100/bbl; 3) US total debt surpassing a record $40 trillion; 4) inflation above 2% for 60 consecutive months; 5) one of the largest tech revolutions in modern history; 6) the Federal Reserve facing pressure to cut rates while inflation remains above target.