David Sillitoe
👤 PersonAppearances Over Time
Podcast Appearances
As Doria Kore waves to the crowd, Miss Cote d'Ivoire 2025 is rewriting the beauty rulebook. Some say it's a step toward self-acceptance. Others say it limits choice. One thing is clear. The debate isn't over yet.
As Doria Kore waves to the crowd, Miss Cote d'Ivoire 2025 is rewriting the beauty rulebook. Some say it's a step toward self-acceptance. Others say it limits choice. One thing is clear. The debate isn't over yet.
It was a fairly wide-ranging conversation, Nick, on that flight to his Florida home, and Donald Trump conceded that there was going to be what he called... a transition period whilst some trading partners transferred their manufacturing operations to the United States. He stressed that for companies that chose to make their products here in the U.S., there will be no tariffs, of course.
It was a fairly wide-ranging conversation, Nick, on that flight to his Florida home, and Donald Trump conceded that there was going to be what he called... a transition period whilst some trading partners transferred their manufacturing operations to the United States. He stressed that for companies that chose to make their products here in the U.S., there will be no tariffs, of course.
And he said that he'd already spoken to two of the five major automobile makers and maintained that they had already started moving aspects of their operations out there. of neighbors Canada and Mexico and into the U.S. Yet for all of his confidence, it's worth remembering that Donald Trump has long hailed the stock market as the barometer of this country's economic health.
And he said that he'd already spoken to two of the five major automobile makers and maintained that they had already started moving aspects of their operations out there. of neighbors Canada and Mexico and into the U.S. Yet for all of his confidence, it's worth remembering that Donald Trump has long hailed the stock market as the barometer of this country's economic health.
And I think much as he may pretend otherwise, he won't be pleased to see the sort of sharp falls that we've seen today. As you mentioned, both the Nasdaq and the S&P experienced their worst declines in about five years. Retailers, tech companies taking a particularly bad hit, both Apple and Amazon down more than 9%. Companies like Dell and Ralph Lauren experiencing falls of more than 15%.
And I think much as he may pretend otherwise, he won't be pleased to see the sort of sharp falls that we've seen today. As you mentioned, both the Nasdaq and the S&P experienced their worst declines in about five years. Retailers, tech companies taking a particularly bad hit, both Apple and Amazon down more than 9%. Companies like Dell and Ralph Lauren experiencing falls of more than 15%.
Well, I think like people in many other parts of the world, Nick, American consumers are holding their breath, if I can put it that way. They are waiting to see what all this means in terms of the price of goods in the shops.
Well, I think like people in many other parts of the world, Nick, American consumers are holding their breath, if I can put it that way. They are waiting to see what all this means in terms of the price of goods in the shops.
The stock market, of course, is not the economy, but the reaction that we've seen today is nonetheless an early, some would say visceral demonstration of the sort of widespread and growing concern that exists here today. over rising prices, the prospect of rising prices, the prospect of slowing growth, and, of course, the prospect of a recession.
The stock market, of course, is not the economy, but the reaction that we've seen today is nonetheless an early, some would say visceral demonstration of the sort of widespread and growing concern that exists here today. over rising prices, the prospect of rising prices, the prospect of slowing growth, and, of course, the prospect of a recession.
As one analyst here put it, traders are shooting first, Nick, and asking questions later.
As one analyst here put it, traders are shooting first, Nick, and asking questions later.
Far from it. Although I think the closest we've come to that is perhaps some Republicans who voted in favor of a Democrat led measure in the Senate to prevent the tariffs being introduced on Canada. But that was then both for Republican candidates. senators.
Far from it. Although I think the closest we've come to that is perhaps some Republicans who voted in favor of a Democrat led measure in the Senate to prevent the tariffs being introduced on Canada. But that was then both for Republican candidates. senators.
It's a small protest, but it does underline the fact, I think, Nick, that there is concern at grassroots level to an extent, at least, over what these tariffs could mean for industries here in the US, such as farming.
It's a small protest, but it does underline the fact, I think, Nick, that there is concern at grassroots level to an extent, at least, over what these tariffs could mean for industries here in the US, such as farming.
The probability is currently at 2.1%. But, you know, it depends on your feeling about risk. You know, many people would say, oh, that's not very much at all. We could ignore it. If you're a gambler, you might think that's a realistic possibility. It's a bit less than zero coming up on roulette or a double six with two dice. It's about the chance of dying at heart surgery at the moment.
The probability is currently at 2.1%. But, you know, it depends on your feeling about risk. You know, many people would say, oh, that's not very much at all. We could ignore it. If you're a gambler, you might think that's a realistic possibility. It's a bit less than zero coming up on roulette or a double six with two dice. It's about the chance of dying at heart surgery at the moment.