Modern Macro Technologies

02/22/2026 Market Update

The Supreme Court strikes down the IEEPA tariffs; a 15% global tariff under Section 122 follows almost immediately. On the refund arithmetic, the fiscal headwind if tariffs re-accelerate, and how futures digested a messy weekend.

Market Update — Sunday, February 22, 2026
Individual & up

This one’s for Individual subscribers

Individual gets the full AppliedMMT newsletter, every market update, the dashboards, the Discord, and the complete archive. The free updates stay free.

  • The AppliedMMT newsletter & full market updates
  • The dashboard suite & the full model layer
  • Subscriber Discord community
  • Full archive of past research
Already subscribe? Sign in.