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The Macro CompassAlfonso Peccatiello2025-10-31

Supreme Court vs Tariffs: A Guide

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Analiza AI (Claude Code)

W kolejce do triage'u — analiza pojawi się po najbliższym przebiegu (Claude Code).

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Warren Buffett once said that the most important investment you can make is in yourself. I can’t agree more.The financial industry is full of jargon, opacity and ivory-tower attitude which prevents practicioners from scaling up their knowledge of markets fast.When I started my research firm The Macro Compass, my main objective was education: breaking down financial concepts in plain English for you all.I have recently stepped up that effort with my two macro courses:The Bond Market CourseThe Monetary Mechanics CourseAnalysts and PMs from the top 10 hedge funds in the world went through it, and this is the feedback they are sharing with me:But here is the kicker for you guys: this time, I am slashing prices down by 50% for the first 50 buyers!Instead of paying EUR 998 for both courses, you’ll pay EUR 499 .Buy one, get two courses!The offer is valid for the next 48 hours, and only for the first 50 buyers.Be quick and take advantage of this exclusive offer before it sells out.Buy NowOnce purchased, the courses can be watched at any time and the supporting slides and material can be downloaded.For more information on the courses, you can visit this dedicated page.And now, to today’s macro research piece.Nov 5th will be a key date for markets: the Supreme Court will start hearing arguments on Trump’s IEEPA tariffs.And while markets don’t seem particularly focused on this event, I believe it’s crucial to be prepared for it.The pie chart above shows why the Supreme Court ruling will be crucial.If the Supreme Court strikes down IEEPA tariffs as unconstitutional, around 55% of the U…