tldr:
The US Supreme Court will convene Friday at 10 a.m. ET for the first time in weeks, with markets keyed in on a possible decision around tariffs.
A decision in the case, Learning Resources, Inc. v. Trump, will have significant ramifications for US trade, ranging from President Trump's "Liberation Day" tariffs that have spanned the globe to his regular threats aimed at specific nations.
https://finance.yahoo.com/news/investors-brace-for-knee-jerk-market-reaction-to-a-coming-supreme-court-tariff-decision-202823994.html
Posted by sandygws
26 Comments
RIP to overnight call/put holders on WSB. Because I expect both of us to lose tomorrow
To be honest, if they are overruled, Trump will then get the inflation relief that will clear the way for rates being lowered, whether he can comprehend that basic economic relationship or not.
Courts are going to say ehhhhhhhh let’s give it a few more weeks and we’ll check back.
I fully expect the Supreme court to kick the can further down the road, and let the current administration do as they like.
Priced in
The SC has been delaying this decision for months and will probably keep doing it hoping they can do it till the end of trumps term.
Priced out
The Supreme Court has no teeth with this administration. I fully expect nothing to come from it.
Dahmpit ala verga!
Punt it forward.
Hmmmmm. Maybe holding into expiry tomorrow was a bad plan.
Isn’t the likely outcome something like – you can’t do this in perpetuity without congressional approval, so take 6 months and figure it out
They’ll delay. No one does work anymore in a timely fashion in the US, not even the Supreme Court
Delayed
Here I go again on my own, going down the only road I’ve ever known!
This is the third time I’ve been told the tariff decision is about to drop
It’s a pretty easy decision. Why is it taking so long?
This time will be different than the last couple times for sure
tomorrow the market will shine 😃
“Investors”- Gamblers
Tariffs removed, bad. Tariffs remain, bad.
Gullible Wall Street believes for the 3rd time there will be a ruling only for another delay
Like a retarded monkey 🐒
The justicies and their buddies gotta get their trades in first
Sold calls on banking stock. Don’t think this affects me.
Fully expect them to say congress has the power to control the tariffs and has not used therefore tariffs stay. Also fuck your trades.
It’s unlikely to be released tomorrow.
April or later