WS #11046

The data dump is dominated by sports betting and routine noise, but several actionable signals emerge. The Supreme Court ruling expanding presidential power is a major political development with direct market implications: Trump has already threatened to fire Fed Governor Lisa Cook, which could undermine Fed independence and roil rate expectations. This is corroborated by multiple sources (NYT, Bloomberg, social media). Separately, Putin ordered nationwide fuel rationing in Russia due to drone strikes on refineries, deepening the energy supply crisis. This could support oil prices and benefit US energy stocks while pressuring Russian-dependent sectors. The Waymo-Uber robotaxi pilot end in Phoenix is a minor signal for autonomous vehicle stocks, but the broader macro themes dominate. The US-Iran de-escalation (from prior awareness) appears stable, with no new developments in this window. The dominant narrative is the Supreme Court ruling and its potential to reshape executive power and regulatory independence, which is ESCALATING as Trump acts on the ruling.