Supreme Court Oral Arguments Hint Trump May Lose on Reciprocal Tariffs

Authored by Mike Shedlock via mishtalk, Polymarket odds plunged as low as 28 percent, now 31 percent. Court Skeptical The Supreme Court heard oral arguments today on reciprocal tariffs. But it may take a while for a ruling. Axios reports Supreme Court Sounds Skeptical of Trump’s Wide-Ranging Tariffs The big picture: Some of the conservative justices seemed …

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Why Did Dozens Of U.S. Military Aircraft Recently Fly To The Middle East? (Hint: It Had Nothing To Do With Hamas)

by Michael Now that it appears that the war in Gaza is ending, all eyes are on Iran. The Israeli government believes that lasting peace in the Middle East will not be possible until the threat that Iran poses is completely neutralized, and Israeli Prime Minister Benjamin Netanyahu has made it exceedingly clear that the …

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U.S. Treasury explores buybacks to ease market stress, TGA constraints and rising CDS spreads hint at deeper vulnerabilities

“What’s being proposed: The U.S. Treasury is floating the idea of buying back older debt securities. This is essentially a form of yield curve intervention a tool to inject liquidity, support market function, or steer duration risk away from the private sector. This is not QE in the traditional sense, as the Fed isn’t involved …

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Scott Adams Tells Government Officials Who Are Receiving a Soaring Amount of Threats From the Public: “Take a F***ing Hint.”

https://twitter.com/_/status/1739291520308789477 Threats to public officials soaring, deputy attorney general says https://t.co/Y47G4wbOA5 — POLITICO (@politico) December 24, 2023 The Justice Department is seeing an “unprecedented rise” in threats to public officials, Deputy Attorney General Lisa Monaco said during an interview that aired Sunday. “On a weekly basis — sometimes more often — I am getting reports …

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Some of these RINOs can’t take a hint…

https://twitter.com/_/status/1688253574654894080 WATCH: “RETIRE! RETIRE!” Mitch McConnell met with chants of "Retire" at Kentucky's Fancy Farm Picnic 2023 after the clearly troubling health event he is trying to downplay. (h/t @TTEcclesBrown)pic.twitter.com/8X0I2MR3JC — The Tennessee Holler (@TheTNHoller) August 6, 2023

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