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VRA Letter: Tariffs and War with Iran. Rotational Bull Market. Pounding the Table on Small Caps & Gold Miners. Rich Ross. BTC. Grok Reviews VRA.

Good Monday morning. Before we get to the markets (where we continue to see a breakout higher into March/April) we’ve received several questions about Trumps tariff strategy following the SCOTUS ruling last week along with quest ...

Posted On February 23, 20268 MIN Read
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Good Monday morning. Before we get to the markets (where we continue to see a breakout higher into March/April) we’ve received several questions about Trumps tariff strategy following the SCOTUS ruling last week along with questions about additional strikes against Iran (and potentially a multi-week war).

Our expertise is in beating "Mr. Market", not tariff policy or military conflict. With that in mind we’ll approach it from an investing point of view.

First, on Tariffs

You’ve no doubt seen the media and far left (is there a difference?) celebrating Trumps loss at SCOTUS. However, as both Trump and Treasury Secretary Scott Bessent said within hours of the ruling, the SCOTUS decision actually confirmed that the President now has more power via the use of tariffs, not less. It must have killed Bloomberg to write this piece over the weekend, but in it they confirmed that the SCOTUS ruling laid out 5 additional reasons for the use of tariffs; including sections 122, 232, 201, 301...

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