Almus Market Mornings: 23 Feb: Supreme Court Strikes IEEPA Tariffs, Markets Whipsaw
Автор: ALMUS RISK CONSULTING
Загружено: 2026-02-22
Просмотров: 13
Описание:
Supreme Court struck down IEEPA-based tariffs, but the White House quickly pivoted to a 15% base tariff on all countries using alternative legal channels. Markets whipsawed — stocks initially rallied and Dollar fell before reversing as complexity set in. US Q4 GDP missed estimates while PCE indicated sticky inflation, and gold surged past $5,100 amid escalating US-Iran tensions. Rupee weakened through the last week but tariff recalibration could offer some relief.
Start your Mornings with a cup of chai and tune into all the latest updates in the global markets brought to you by Swaraj Rajagopal (Manager -Treasury Markets) along with Jayaram Krishnamurthy (Partner).
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