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Traders on prediction markets see a 30% chance Supreme Court backs Trump's tariffs

1. Supreme Court indicated doubts on Trump's authority to impose tariffs. 2. Trader odds for tariff approval dropped from nearly 50% to around 30%. 3. Conservative justices questioned legality, impacting market sentiment. 4. Lower courts ruled Trump lacks authority on import tariffs. 5. Predictions reflect reduced confidence in ongoing trade agenda.

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FAQ

Why Bearish?

The anticipated reduction of tariffs typically supports market price; however, uncertainty increases bearish sentiment, recalling previous trade tensions in 2018 that impacted the S&P 500 negatively.

How important is it?

Tariff uncertainty can alter profit margins for S&P 500 companies, therefore impacting stock prices.

Why Short Term?

Immediate market reactions to court decisions often materialize quickly, affecting the S&P 500 as tariffs affect operating costs and earnings forecasts.

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