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Next few hours = pure volatility 🚨
• U.S. jobs data at 8:30 AM ET
• Supreme Court tariff ruling at 10:00 AM ET
Higher unemployment → recession fears
Lower unemployment → rate cuts likely delayed
No clean outcome here.
On top of that, Trump just ordered $200B in mortgage bond purchases
→ QE-like move to cool mortgage rates
→ clear stimulus vibes in a midterm year
Markets are heading into a big, headline-driven Friday