Supreme Court ruling o. Trump

Supreme Court ruling o. Trump tariffs is scheduled for Friday 10 am ET.

1. Betting markets see the odds that SCOTUS will rule AGAINST tariffs at over 70%.

2. Obviously, if the US has to pay back tariffs, that would be a disaster

3. A ruling against isn’t the final word, lower courts would have to decide what happens next - but they are littered with political enemies who would love to crash the US economy.

I view this as a significant tactical risk for Friday

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