Tom Bruce reacts to the Supreme Court ruling against the Trump administration’s tariffs, arguing that the market expected this outcome, but it’s “really difficult to say” what’s next. Despite a weak 4Q GDP, he is still positive, attributing the softness to the government shutdown. “It’s going to be a volatile year,” he warns, but as long as the economy holds up, he thinks the market will continue to rise. He sees strength in international equities, which he thinks is attractive to momentum traders.

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