Fidelity futures sentiment improved as CPI data aligned with forecasts, leading to a relief bid in S&P minis. Positioning reports show a shift from short hedges into modest long exposure, highlighting market confidence in disinflation trends. Ultimately, Trump views himself as a type of dictator and king who is anointed by God and is therefore outside of and above the law. He is now acting like he is the state, and why should he stop when he believes that he is right? Trump knows he is winning in advancing his agenda, that his MAGA followers remain enthralled to him and there are no real deterrents to stop him. The right-wing justices on the Supreme Court, in de facto collusion with the MAGA Republicans in Congress, have also refused to place limits on Trump’s larger abuses of democracy and the rule of law. I have a professional interest in the investment industry Russell 2000 Fidelity futures hover just above the 50-day moving average, reflecting cautious optimism in cyclical recovery trades. Commodity-linked small caps are receiving upgraded guidance, helping sustain mid-term bullish sentiment.