📈 Two major U.S. catalysts are hitting back-to-back tomorrow — and both could significantly impact how markets price growth, recession risk, and future Fed rate cuts. 🚨📉
1️⃣ U.S. Supreme Court decision on Trump-era tariffs
Expected around 10:00 AM ET, the Court will rule on whether the tariffs are lawful.
Markets are pricing roughly a 77% chance the ruling goes against the tariffs.
If that happens, the government could be forced to refund a large portion of the $600B+ already collected.
But the bigger risk is sentiment — tariffs have been viewed as market-supportive, so an adverse ruling could spark downside pressure in equities, with crypto likely feeling spillover effects. 😬
2️⃣ U.S. jobs & unemployment report
Dropping at 8:30 AM ET.
Consensus expects unemployment to edge down to 4.5% from 4.6%.
• Stronger-than-expected data (lower unemployment): recession worries ease, but hopes for rate cuts fade further (January cut odds already near 11%).
• Weaker data: recession fears intensify rapidly.
Markets are in a tough bind:
• Weak jobs = rising recession anxiety
• Strong jobs = tighter monetary policy for longer
⏱️ The next 24 hours could bring elevated volatility.
Stay sharp, manage risk carefully, and trade safe out there! 💥🔥🛡️
#MarketVolatility #MacroEvents #FedWatch #EconomicData #CryptoMarkets
