Scarlet Fu

Kathy, final question to you, because this is your last appearance on Real Yield on television before you retire.

After 50 years in the market, initially as a runner at the Chicago Board of Trade, what is the single most relevant lesson that you've learned the hard way about investing?

And that's exactly what's happening right now in March of 2026.

Kathy, thank you so much.

Kathy Jones of Schwab, congratulations to you.

Thank you.

Following your illustrious career and George Borey of Allspring.

Really appreciate both of you joining.

U.S.

Supreme Court struck down President Donald Trump, sweeping global tariffs, undercutting his signature economic policy and delivering his biggest legal defeat since he returned to the White House.

Tyler Kendall, Bloomberg News, White House correspondent joins us here, Washington correspondent.

Tyler, give us the latest on what we know about this Supreme Court ruling.

Yeah.

And I'm just kind of reading some of the Bloomberg headlines.

Supreme Court does not address eligibility for tariff refunds.

And Bloomberg News also reporting that hundreds of tariff refund lawsuits pending in U.S.

trade court.

So, Tyler, this seems like

That's where the rubber meets the road to the extent that anybody's going to try to get a tariff relief or tariff refunds.

It's not going to be easy, at least at this stage.