President Trump is all in on the midterms. 4 days ago, Trump said, “if we don't win the midterms, I will get impeached." Since then, Trump has announced a $200 billion purchase of mortgage bonds to lower rates and he wants to cap credit card interest rates at 10%. Amid the AI Revolution with $600B+ in ANNUAL Magnificent 7 CapEx, tons of consumer-oriented policies are coming. All as the new Fed Chair is effectively required to continue cutting rates to be selected. The trade war will take the back seat as affordability and consumer-supportive policy takes the driver seat. This includes promised $2,000/person tariff “stimulus checks.” Midterm-oriented policy will become the market’s biggest driver. Own assets or be left behind.(The Kobeissi Letter)