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Trump pauses new trade deal till SC settles tariff case

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  ·          SCOTUS (US SC) may not ban chaotic Trump tariffs outright, as it will cause more chaos, but may allow it with certain modifications ·          Most of the SC judges, including Trump appointees, are now voicing concern over Trump's bellicose tariff policies ·          Trump's body language is showing he is not comfortable with SCOTUS language and thus bound to blink ·          Overall, Trump may be quite right in his tariff narrative, but using it as a tool to score geopolitical issues in line with his morning mood The U.S. Supreme Court heard oral arguments on November 5, 2025, in a landmark case challenging President Trump's authority to impose sweeping global tariffs under the International Emergency Economic Powers Act (IEEPA) of 1977. The case consolidates challenges from small businesses (e.g., Lear...

Stocks recovered from AI bubble panic on upbeat ADP & PMI data

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  ·          Earlier, Wall Street futures slid on the growing concern of an AI bubble, Trump’s political & policy (including tariffs) uncertainty ·          Latest ADP Private Payroll jobs data (+42K) for Oct’25 translates 3MRA to +10K; Fed may be on hold in Dec’25 ·          Better-than-expected ISM and S&P Global servicer PMI data also helped to ease recession fears On a night when federal workers braced for a midnight government shutdown, Democrats delivered a sweeping victory in the 2025 off-year elections. From New Jersey’s governor’s mansion to the mayor’s office in New York City, the party won every major contest, signaling a sharp rebuke to President Donald Trump’s early-term agenda and exposing the fragility of his narrow Republican control of Washington. What began as a routine off-year cycle has now become a pivotal preview of the 2026 mid...