Tactical Setup Remains Intact as the White House Engages in Quasi-QE and a Supreme Court Decision Nears

Discussed in today's video:

The administration’s directive for Fannie Mae and Freddie Mac to purchase $200B of MBS reinforces a highly stimulative policy stance, functionally resembling fiscal-driven QE despite no direct Fed involvement. Markets are focused on a potential Supreme Court ruling on Emergency Power Act tariffs, with consensus expectations skewed toward a strike-down and elevated near-term policy uncertainty. My base case is a short-term positive crypto market response i...

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