1. Fed Governor Miran says no evidence tariffs impact growth or inflation. 2. Tariff revenues exceeded $200B in fiscal year 2025, signaling strong import tax collection. 3. Miran suggests businesses unlikely to raise prices, softening consumer burden fears. 4. Supreme Court is weighing Trump's trade policies, impacting economic outlook. 5. Investors focus on potential economic shifts depending on court ruling outcomes.
Stable inflation and growth indicators suggest potential for S&P 500 gains, as stronger corporate revenues through tariffs could enhance market performance. Historical context shows similar tariff stability precedes market optimism during economic recoveries.
The article discusses key economic indicators and their implications for inflation and consumer prices, which significantly influence S&P 500 performance. The details about tariff revenue add to the macroeconomic backdrop affecting investor confidence.
Immediate focus is on the Supreme Court ruling, which could cause fluctuations in market sentiment quickly. Past rulings on trade and tariffs have led to rapid shifts in stock prices.