News & Insights

The week began with market reactions to the announcement that the Supreme Court had struck down President Trump’s sweeping 2025 tariff policies. The Court ruled in a 6-3 decision that Trump had exceeded his authority in imposing emergency import taxes.

The shortened week left much to be desired in the way of market activity. Maybe that’s a good thing considering recent volatility. Equities and bond yields traded within a reasonable range this week. Markets were primarily focused on the Fed meeting minutes from January, as well as a pair of economic releases from this morning.

The week began with another government shutdown, albeit shorter and less severe than October’s. The Senate passed five of the six remaining measures to fund the government.