Weekly Recap (2/20/2026)

Summary

The episode reviews the week’s market data and focuses on the Supreme Court’s decision that President Trump cannot use the Emergency Economic Powers Act to impose tariffs, prompting him to invoke Section 122 for a temporary 10% tariff that expires on July 20. The ruling boosted equities, gold, and silver, while slightly hurting U.S. Treasury bonds due to reduced expected tariff revenue. The host predicts near‑term volatility and a likely correction in the S&P 500, but remains bullish on gold and silver’s longer‑term upside despite short‑term swings.