🚨 BIG WARNING: The next 24 hours could be extremely volatile for markets
Tomorrow, the U.S. Supreme Court will rule on the legality of Trump-era tariffs.
It is expected that the decision drops around 10:00 AM ET.
Markets are currently pricing ~76% odds that the Court strikes them down.
If tariffs are ruled illegal:
The U.S. government may be forced to refund a large portion of the $600B+ already collected
The President still has other legal tools to impose tariffs, but those are slower, weaker, and far less predictable
The biggest risk is sentiment.
Markets currently treat tariffs as supportive. A ruling against them could trigger a downside repricing across risk assets including crypto.
Stay alert.
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🚨 BIG WARNING: The next 24 hours could be extremely volatile for markets
Tomorrow, the U.S. Supreme Court will rule on the legality of Trump-era tariffs.
It is expected that the decision drops around 10:00 AM ET.
Markets are currently pricing ~76% odds that the Court strikes them down.
If tariffs are ruled illegal:
The U.S. government may be forced to refund a large portion of the $600B+ already collected
The President still has other legal tools to impose tariffs, but those are slower, weaker, and far less predictable
The biggest risk is sentiment.
Markets currently treat tariffs as supportive.
A ruling against them could trigger a downside repricing across risk assets including crypto.
Stay alert.