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The Kobeissi Letter
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Situations
AI-driven market highs persist amid systemic risk warnings
261 clusters · 827 sources · last updated
Latest: Barclays raises S&P 500 year-end target on tech strength
The AI-driven market rally has reached new historic milestones, with the S&P 500 and Nasdaq achieving record highs and the Dow Jones Industrial Average crossing 54,000. This momentum is fueled by robust corporate earning
US ETF market on track for record annual launches
3 clusters · 7 sources · last updated
Latest: U.S. ETF market on track for record 1,470 launches in 2026
In late July 2026, the U.S. exchange-traded fund (ETF) industry continued a rapid expansion. By July 27, 868 new ETFs had been launched, with single-stock and artificial-intelligence funds leading the surge. Large produc