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The International Emergency Economic Powers Act, that relic from 1977, was never meant to be a plowshare for tariffs. Yet it has been wielded like a sledgehammer by those who see trade as a battlefield. The law, a dry riverbed of vague authority, now faces the judgment of higher courts. The Court of International Trade declared its use unlawful in May, and the U.S. Court of Appeals echoed the verdict in August. Now, the Supreme Court-nine justices with ink-stained hands and weary eyes-weighs the matter. The air hums with the question: Will this be the day the dam breaks?

As December’s frost creeps into Wall Street’s bones, the Federal Reserve looms like a character from a Chekhovian drama – a once-reliable protagonist now mired in existential doubt. The central bank’s recent 25-basis-point rate cut, delivered with a rare 10-2 split decision, betrayed fractures deeper than mere policy disagreements. It was a family quarrel made public, the sort where old alliances crumble over inherited heirlooms and unspoken grievances.

Among these shadows, artificial intelligence stocks have seized the spotlight-an unchecked fever. Nvidia, Alphabet, giants whose names echo in the corridors of power; they surge ahead while the working man, the ordinary investor, watches from the sidelines, overwhelmed and dazed by the glow of their triumphs. Apple, Meta, Microsoft-these corporations toss their day-old bread to the crowds as their stock prices balloon, yet behind this spectacle, the common laborer’s lot remains unchanged.

Transaction value based on SEC Form 4 weighted average purchase price ($17.36); post-transaction value based on December 4, 2025 market close ($17.50).