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US President Biden says no one is above the law

2024-12-30FOREXLIVEFOREXLIVE
Biden speaking on the Supreme Court ruling

Biden is delivering remarks on the Supreme Court's immunity ruling, I posted a bit of a heads up here:

  • US President Biden is scheduled to speak at 7.45pm US Eastern time

Biden:

  • no Kings in America
  • no one is above the law
  • decision means there are virtually no limits on what a president can do and it is a dangerous precedent
  • Supreme Court did a 'disservice' to America with this ruling because Trump's Jan 6th case now won't be before the election
  • decision undermines the rule of law
auction or court case hammer

--

Politics is playing a part in market moves as we get closer to November:

  • WSJ on rising US yields, cite "potential Republican sweep in November"

And on the other side of the Atlantic too:

  • French election - seems less likely that one group will have a majority after second round

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