The Trading Wire’s latest video explores the potential market fallout from a Supreme Court ruling striking down President Trump’s tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Legal Challenge Background Investors await the Supreme Court’s decision on Trump’s broad tariff authority, challenged for exceeding IEEPA powers, potentially leading to refunds on past collections. […]
Market action from Monday, February 10, 2026, where major indices like the S&P 500 and Dow achieved record highs amid surging volatility. Market Performance Overview Major U.S. indices closed at new records, with the Dow surpassing 50,000 and the S&P 500 extending gains despite earlier pressures. This rebound followed broad market recovery, supported by solid […]
Trading Wire breaks down the Tax Foundation’s analysis showing President Trump’s tariffs cost the average U.S. household $1,000 in 2025, projected to rise to $1,300 in 2026. Household Cost Breakdown Tariffs act as a regressive tax, raising prices on imports from China, Mexico, and others, with U.S. consumers and businesses bearing nearly 90% of the […]