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02-23

Trump's latest Ape-shit tariff load.

WASHINGTON – With his move to impose new global tariffs, US President Donald Trump isn’t just trying to repair a trade policy dismantled by a Supreme Court rebuke. He’s also declaring the world’s largest economy is facing a profound balance-of-payments crisis.

Donald Trump may actually be telling truths for once. The US has been living on borrowed funds for a very long time. 

And adding on the unfathomable sky high over-valuation of Nasdaq and S&P500 and DOW, we may be staring at the biggest bubble pop in history about to happen. 

Time to be ultra-defensive.

Tariffs Return After Supreme Court Ruling: Will Market Face Another Hit?
The Supreme Court struck down Trump’s IEEPA tariff framework (6–3), but within 48 hours the White House pivoted—invoking Section 122 to impose a 15% global tariff effective Feb 24. Markets reacted instantly: futures slipped as investors refocused on one variable—corporate costs. History suggests policy shocks trigger 1%–2% pullbacks, then stabilize if earnings stay intact. But this time tariffs are broader, and valuations are elevated Is this another short-term volatility spike—or the start of margin compression?
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