The Real Supreme Court Bombshell Could Ignite One Sector
October 23, 2020 at 06:00 AM EDT
It's all over the news today: Senate Republicans unanimously voted to advance Amy Coney Barrett's nomination for Associate Justice of the Supreme Court to the full Senate. Meanwhile, a court matter of huge importance to investors isn't front-page news, but most definitely should be: The Supreme Court may very well have the $9 trillion tech sector - particularly the FAANGs - in its sights. Of course, the Supreme Court hears and rules on cases of national and even global importance sometimes. But it's not every day a case like Malwarebytes Inc. v. Enigma Software Group USA LLC comes up. This case concerns massive issues of technology, money, freedom of speech, and everything that stems from that - including the elections - all rolled into one. There's a lot at stake here, and I'm going to walk you through what's going on because, as I said, this is a $9 trillion issue impacting some of the richest, best-performing stocks in the market. Vast fortunes, including countless retirement accounts, are in play. Which way the court decides to go here is going to impact the stock market like a ton of bricks... or, on the other hand, a tank of jet fuel... Full Story Which way the court decides to go here is going to impact the stock market like a ton of bricks... or, on the other hand, a tank of jet fuel... Tags: washington To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post The Real Supreme Court Bombshell Could Ignite One Sector appeared first on Money Morning - We Make Investing Profitable .