Andrew Ross Sorkin
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You know, Ben Stiller was once referred to as the Jewish Tom Cruise, but he has not held up like Tom Cruise. I got to say that. He should have joined the Church of Scientology. Come on, man. Keep it up. You got to represent for us a little better.
You know, Ben Stiller was once referred to as the Jewish Tom Cruise, but he has not held up like Tom Cruise. I got to say that. He should have joined the Church of Scientology. Come on, man. Keep it up. You got to represent for us a little better.
sitting in this week is our boy andrew ross sorkin journalist author extraordinaire andrew welcome to the show long time listener first time caller thank you for having me
sitting in this week is our boy andrew ross sorkin journalist author extraordinaire andrew welcome to the show long time listener first time caller thank you for having me
Okay, Zacks. Can I build on that? Please. There was a tweet two weeks ago when all this started by Nick Carter that I retweeted because I thought it was really interesting, which was, if you think a market sell-off delegitimizes Trump's presidency, you're going to give him unconditional credit when it rallies, right? Because those are the rules now.
Okay, Zacks. Can I build on that? Please. There was a tweet two weeks ago when all this started by Nick Carter that I retweeted because I thought it was really interesting, which was, if you think a market sell-off delegitimizes Trump's presidency, you're going to give him unconditional credit when it rallies, right? Because those are the rules now.
And that's exactly what's happened is that the market has rallied. Like you said, it's up 7% this week. But the media doesn't want to give Trump any credit for it. So it's kind of created this narrative of a Besson put. In other words, Besson is entirely responsible for it. Look, Scott is a very smart man. He understands markets. He understands the bond markets. And he is a reassuring voice.
And that's exactly what's happened is that the market has rallied. Like you said, it's up 7% this week. But the media doesn't want to give Trump any credit for it. So it's kind of created this narrative of a Besson put. In other words, Besson is entirely responsible for it. Look, Scott is a very smart man. He understands markets. He understands the bond markets. And he is a reassuring voice.
to those markets. And I think he's doing a great job. But I think part of what's going on with this best input narrative is that no one ever wants to give Trump or his administration as a whole credit.
to those markets. And I think he's doing a great job. But I think part of what's going on with this best input narrative is that no one ever wants to give Trump or his administration as a whole credit.
So what they do on any particular week is valorize a particular member of the administration that they can then say, well, this is the person who's really responsible for this, not Trump, because I don't want to give Trump that credit.
So what they do on any particular week is valorize a particular member of the administration that they can then say, well, this is the person who's really responsible for this, not Trump, because I don't want to give Trump that credit.
Next week, they'll be tearing Scott down and there'll be some other member of the administration they'll be trying to valorize to basically prevent the administration as a whole from getting credit for doing something good. So again, I think Scott's doing a great job. I think he's doing a great job making these deals. And he's saying a lot of correct and reassuring things to the markets.
Next week, they'll be tearing Scott down and there'll be some other member of the administration they'll be trying to valorize to basically prevent the administration as a whole from getting credit for doing something good. So again, I think Scott's doing a great job. I think he's doing a great job making these deals. And he's saying a lot of correct and reassuring things to the markets.
But I think if the media is going to tear Trump down every time the market goes down, you have to give him credit when the market goes back up. And I think there's just a general reluctance to do that. Where do you land, Dave?
But I think if the media is going to tear Trump down every time the market goes down, you have to give him credit when the market goes back up. And I think there's just a general reluctance to do that. Where do you land, Dave?
Dave, roughly three weeks ago, when we started talking about this, I think I made the point, Chamath made the point, that part of the art of the deal here, so to speak, is an opening salvo which is bold and some people would say maybe it's too extreme, but it's basically an opening bid to shift the conversation completely. And that would create tremendous leverage to get deals done.
Dave, roughly three weeks ago, when we started talking about this, I think I made the point, Chamath made the point, that part of the art of the deal here, so to speak, is an opening salvo which is bold and some people would say maybe it's too extreme, but it's basically an opening bid to shift the conversation completely. And that would create tremendous leverage to get deals done.
And isn't that exactly what's happened? Isn't that the way it's played out?
And isn't that exactly what's happened? Isn't that the way it's played out?