The S&P 500 is still up year-over-year. There’s a lot of pain on the way as responses and consequences roll out; this isn’t bottoming out in a week.

I dunno if right this second is the time to buy. The market has some settling to do over the coming months.

This will get shot down faster than there can even be controversy. Founding fathers would be rolling in their graves, and there‘s no way the Supreme Court can squeeze that kind of interpretation out of the Constitution.

That being said, it may give some state legislators cover to go with it.

China too, right?

https://www.wsj.com/world/china/china-turns-to-well-honed-playbook-cut-rates-hide-data-bcfdd02