BlockBeats News, October 14th, The Kobeissi Letter released a market analysis stating, "Over the past 10 months, each tariff event has been analyzed individually, revealing the following pattern:
Step One, Trump makes ambiguous remarks, hinting at imposing tariffs on a specific country or industry, leading to a market decline.
Step Two, Trump announces a tariff rate increase (50%+), resulting in a market crash and shaking out weak positions.
Step Three, bargain buyers step in on the dip, but a false rebound drives prices to a new low, prompting savvy investors to buy in.
Step Four, after the Friday market close, President Trump doubles down on new tariffs to exert pressure.
Step Five, on Saturday, the targets of the new tariffs usually respond or comment.
Step Six, on Sunday, before futures market opening, Trump announces that he is working to find a solution.
Step Seven, futures open significantly higher at 6 p.m. ET on Sunday but start losing steam after Monday's open.
Step Eight, post Monday's market open, Treasury Secretary Benson assures investors in a live TV broadcast.
Step Nine, multiple members of the Trump administration will signal an imminent trade deal in the next 2 to 4 weeks.
Step Ten, Trump announces a new trade agreement, and the stock market hits a new all-time high.
Finally, the cycle repeats from Step One."
The Kobeissi Letter indicates that currently Step Nine is imminent.