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.