Plan B-2

Plan B-2 By Benjamin Picton, senior market strategist at Rabobank US stocks closed higher on Friday following news that the Supreme Court had ruled 6-3 to uphold a lower court decision that found Trump’s signature tariff policy to be illegal. The court found that Trump acted beyond his authority by imposing tariffs under the International Emergency Economic Powers Act with the majority holding that tariffs are a branch of taxation and that the Constitution grants powers over tax...

By Tyler Durden