The Market Updates

WHAT THE ACTUAL FCK

In Q2 2025, US Commerce Secretary Howard Lutnick's firm Cantor Fitzgerald offered to purchase importers' tariff refund rights for 20%-30% of their face value.

This means if tariffs are ruled ILLEGAL, Cantor Fitzgerald will get a 100% refund along with interest from the government.

By July 2025, Cantor had already processed $10M in refund rights, which may be $100M+ now.

Today, the US Supreme Court deemed Trump's tariff illegal, which means Cantor will probably profit $50M-$100M.

This is what we call "insider trading." ?

🚨 PRESIDENT TRUMP JUST SHOCKED EVERYONE

He just announced that the US will impose 10% global tariffs on top of other tariffs.

Trump also said that the Supreme Court ruling has made his ability to impose more powerful tariffs.

He mentioned the Trade Expansion Act, 1974 Trade Act and said that tariffs will remain in place.

People thought that Trump would go defensive, but the exact opposite happened.

🚨BREAKING: President Trump has just announced a new 10% Global TARRIF on ALL the countries under Section 122.

"OVER and ABOVE" existing tariffs.

🚨 BREAKING 🚨

🇺🇸 President Trump just announced 10% global tariffs on top of other tariffs.

Damnnn....

🚨 BREAKING 🚨

🇺🇸 President Trump will hold a press briefing on the Supreme Court's tariff decision at 12:45 PM ET today.

RUMOUR 🚨

🇺🇸 Fed will have to do massive QE to help US government refund $150 BILLION in collected tariffs.

BREAKING: 🇺🇸 The US government now owes US companies $175 billion in tariff refunds.

The ruling does not mandate AUTOMATIC refunds and companies will likely need to file separate lawsuits to recover funds, as per Navy Federal.

Things are about to get messy.

🇺🇸 The Supreme Court just blocked Trump's big tariffs plan under emergency powers, ruling 6-3 against him.

But Justices Thomas, Alito, and Kavanaugh dissented big time.

In a detailed dissent, they're arguing "regulate importation" clearly includes tariffs based on history and common sense.

Source: EricLDaugh, SCOTUS

With Supreme Court rulings striking down Trump's tariffs, the U.S. government could face $130–175+ billion in potential refunds.

What that means:

-Inflation pressure eases
-Consumers regain some purchasing power
-Importers get major cash back → stronger margins
-GDP outlook could improve
-Stocks tend to rally
-Trade flows normalize

Downside:

-Government loses $130–175B+ in revenue
-Refunds mostly go to companies, not guaranteed lower shelf prices

In short:
Tariff refunds = short-term bullish for markets.
It’s essentially a large-scale tax cut for importers.

BREAKING: US Supreme Court strikes down Trump’s global tariffs.

The Court rules IEEPA does NOT give the President authority to impose them.

As a result, the US may now have to refund previously collected tariffs.

THIS IS WHY MARKETS ARE DUMPING 🚨

US Q4 GDP came in at 1.4% vs. 3% expected.

This is the worst print since Q1 2025.

US PCE Price Index came in at 2.9% vs. 2.8% expected.

This is the highest PCE since March 2024.

US Core PCE Price Index came in at 3% vs. 2.9% expected.

This is the highest Core PCE since April 2024.

So overall, GDP dropped while inflation spiked higher.

This means people are making less and paying more, which is a horrible situation for the economy.

Also, GDP trending down along with a bad job market is a leading indicator of recession, and that's why it's dragging everything down.

🚨Garrett Jin has just deposited 5,000 $BTC worth $335 million to Binance.

After getting liquidated for $250 MILLION, he has been consistently dumping his bags.

🇺🇸 TRUMP JUST POSTED THIS!!

LOWER INTEREST RATES

“Too Late” Powell is the WORST

BREAKING:

🇯🇵 Japan's inflation just dropped to 1.5%, below the expected 2.1%.

The lowest level since March 2022.

Bullish 🚀

🚨BREAKING: President Trump just said “People are saying President Please, we are Winning Too Much. We are not used to it.”

Meanwhile:

BREAKING: President Trump is considering a LIMITED STRIKE on Iran to force Tehran to meet his demands for a nuclear deal per WSJ.

This is why everyone is depressed in crypto

- Altcoin volumes have dropped by -50%

-Spot Bitcoin ETF AUM is down -$60B

-50% of total BTC supply is now underwater

-Bitcoin recorded 11 consecutive days of panic selling

-Open Interest collapsed -$140B (-60% from peak)

-Bitcoin holders realized $2.3B in losses in just 7 days

-Stablecoin market cap growth has stalled, signaling drying sidelined liquidity

-Miner reserves declining as operational pressure increases

-Funding rates persistently negative across major exchanges

-Only the 2nd time in history BTC posted negative returns for 5 straight months

-Bitcoin has remained in a Capitulation Zone (Z-score < -3) for 5 months

-Fear & Greed Index stuck in Extreme Fear (<20) for 20 days, 2nd longest streak ever

-Long-term holders beginning to distribute at a loss

-Net exchange inflows rising — more BTC moving to sell

-On-chain activity (active addresses & transactions) trending downward

-Venture funding into crypto startups down significantly year-over-year.

🚨🇺🇲 Ripple $XRP CEO says there’s a 90% chance that crypto market structure bill will pass by April.

🚨 BREAKING 🚨

The odds of "Clarity Act signed into law in 2026" have hit 75%, a new all-time high.

Bullish for markets.

Cz just said, “ CRYPTO NEVER NEEDED A BAILOUT, NEVER WILL.”