Open account

Trump Admin Appeals Court Order, Scaramucci's Housing Warning And More: This Week In Economy

This weekly economy roundup highlights a mix of policy, macro and market risks that could weigh on the US SP 500. The Trump administration is appealing a court order that expanded tariff-refund eligibility, potentially disrupting repayments and importers' cash flows. Housing affordability is stressed — Anthony Scaramucci says the U.S. median home is about $432,000 and many households would need roughly $160,000 in annual income to afford it — a drag on consumption. Macro strategists warn the Fed may be constrained amid reaccelerating inflation; the CME FedWatch tool shows ~70% odds of a 25-basis-point hike by year-end. Moody’s economist Mark Zandi flagged slowing growth and higher recession risk, while Jamie Dimon cautioned that “gung ho” market sentiment echoes pre-crash exuberance. Overall the piece is a market-commentary roundup with a cautious/mixed tone that implies downside risk for equities if policy, inflation, or growth concerns intensify.

Category

US 500

Sentiment

Mixed

Event

Market commentary

Reading time

1 min