Bulwark Takes

Markets Rattled, Consumer Sentiment Plunges—While Trump Plays Emperor
Markets are dangerously underpricing global war risks, leading to surging inflation expectations and a looming recession, while systemic fragilities like the AI bubble and private credit markets could compound the crisis.

Trump’s War Is Worse Than the Market Thinks (w/ Jeffrey Goldberg & Joe Weisenthal) | Bulwark Podcast
The ongoing Iran conflict exposes critical flaws in US leadership and strategy, while global markets dangerously underestimate its long-term economic fallout, from surging commodity prices to a potential weakening of the dollar's reserve status.

BREAKING: Supreme Court BLOCKS Trump's Tariffs
The Supreme Court struck down former President Trump's 'liberation day tariffs,' citing an overreach of executive power and potentially triggering a massive $175 billion in refunds to businesses, while the administration plans to reconstitute them under different authorities.
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