Market Reactions to Tariffs - The market is adapting to recent tariff developments, with a perception that the trade war may be easing, as evidenced by a quicker acceptance of news related to tariffs [3][5] - There is a historical context where manufacturers previously engaged in inventory accumulation, suggesting a potential repeat of such behavior in response to current tariff situations [2] Economic Environment and Supply Chain - The global economic environment is showing resilience, with supply chains increasingly moving away from the US, indicating a stronger linkage outside the US compared to previous years [5] - The world is perceived to be more buffered against US tariff actions now than it was four to five years ago, suggesting improved adaptability in the global market [6] Gold Market Insights - The price of gold has seen significant fluctuations, with a new target set at $5,500, reflecting ongoing geopolitical volatility and central bank demand for gold ETFs [6][8] - The recent decline in gold prices was attributed to a temporary overshoot beyond fundamental values, but the long-term outlook remains optimistic for gold as a portfolio hedge [7][8] Federal Reserve Rate Cuts - Despite recent economic slowdowns, the expectation remains for only one Federal Reserve rate cut this year, indicating a cautious approach to monetary policy amidst tariff uncertainties [10][12] - The US GDP is slowing, but this does not suggest an imminent recession, with market expectations for rate cuts being moderated [11][12]

President Donald Trump said he is raising global tariffs to 15% from the 10% import tax he imposed the day before in response to the Supreme Court’s ruling striking down his sweeping tariffs. MS NOW White House reporter Jake Traylor has the latest. MS NOW: My Source for News, Opinion, and the World. Same mission. New name. » Subscribe to MS NOW: https://www.youtube.com/@msnow MS NOW is the go-to destination for domestic and international breaking news, and best-in-class opinion journalism. For more context ...

It is fairly significant for a Wall Street firm to publicly respond to an Internet rumor.They would only say this if they were 100% sure it was true.No way a large financial firm takes on the risk of publicly saying something untrue in this manner.Cantor (@Official_Cantor):Following today’s Supreme Court ruling we want to reiterate that Cantor Fitzgerald has never executed any transactions or taken risk on the legality of tariffs. Any report suggesting otherwise is completely false. ...

Ryan, among President Trump's first words, deeply disappointing. Talk to us about his reaction in the room and what you asked him about. >> Yeah, I think there's a couple of ways to look at this in Clay.First, how emphatic he was hammering the Supreme Court in a very direct and sometimes personal way, going after a group of Supreme Court justices that he appointed, saying at one point that their families should be ashamed over this decision. He stopped short of saying that he regretted appointing them to th ...

Treasury Secretary Scott Bessent said that revenue collected from tariffs will be “virtually unchanged” in 2026, despite Friday’s Supreme Court ruling, as President Donald Trump uses alternate authorities to impose duties. https://t.co/P5a6L3CE42 ...

John, does this ruling does it change anything in your outlook. Not at all. If if anything, when you get get an announcement like this, you've gotta consider that you you've got players on both sides of the trading floors essentially making decisions related to changing positions, repositioning, adding the positions.This this this will this has to be baked in and then considered what will actually happen. And as as you all mentioned, it will take a while for this to take effect, and then the response is lik ...

A ruling by America’s Supreme Court could lead to a quarter or more of the congressional black caucus to be voted out. But the fallout might not be quite so simple https://t.co/578DdhzDQm ...

In a speech Thursday, the Treasury secretary also pressed the Federal Reserve for more interest-rate cuts. ...

Geopolitical & Economic Impact - The Supreme Court's decision introduces increased tariff uncertainty to the global market [1] - The ruling serves as a warning to Trump, potentially impacting future trade policies [1]

Legal & Constitutional Issues - The discussion revolves around the legal challenges to President Trump's efforts to restrict birthright citizenship, citing the 14th Amendment and Supreme Court rulings [1][2][3][5][6] - Democratic attorneys general are actively challenging the Trump administration's policies, while Republican attorneys general are criticized for inaction [4] - A federal appeals court upheld an injunction blocking the president's effort to restrict birthright citizenship [2][6] Healthcare & Medicaid - A "skinny Medicaid repeal" within the BBB (likely Build Back Better plan) is discussed, potentially leading to increased premiums and loss of healthcare coverage [6][7] - In Kentucky alone, the legislation could result in 200,000 people losing healthcare coverage [8] - The potential impact on rural America is highlighted, including the closure of 35 rural hospitals and the loss of 20,000 healthcare worker jobs [8][9] - Increased paperwork requirements could cause people to lose coverage for 6 months [10][11] - The economic impact on rural communities due to reduced funding for essential services like healthcare is a concern [11] - The governor is committed to doing everything possible to prevent people from losing coverage and to support them in navigating the paperwork [11] - The effects of the bill will be felt before the midterms, with hospitals potentially announcing service cuts [12]