Poland Becomes Sole EU MiCA Holdout After Parliament Fails to Overturn Veto
Crypto21:06
CZ Emphasizes Strict Private Key Isolation for Hardware Wallets
Macro21:06
US Small Business Bankruptcies Surge to Records as Inflation Persists
Macro
Kobeissi Letter Highlights Stagflation Risks Amid Weak Labor Data
12/06/2025, 17:06
AI SUMMARY
●Analysis points to 3%+ inflation and weakest labor market since pandemic
●Commentary contrasts data with Fed's previous dismissal of stagflation
●Kobeissi Letter suggests owning assets as economic conditions persist
The Kobeissi Letter commented on the current economic landscape, noting that inflation remains above 3% while the US labor market has reached its weakest level since the pandemic. The analysis contrasts these figures with Federal Reserve Chair Powell's previous dismissal of stagflation concerns.
The commentary suggests a challenging environment for the Federal Reserve, implying that the central bank may face difficulties in managing the dual mandate of price stability and employment. The firm advised owning assets in response to these persistent economic conditions.