Podcast Appearances
Wall Street whiplash. Yeah, Wall Street whiplash. Investors were more than confused.
They threw the worst stock market tantrum we've seen in a few years. Jack and I showed up in the pod studio yesterday, and stocks just kept getting redder. The S&P 500 fell by 3% yesterday.
They threw the worst stock market tantrum we've seen in a few years. Jack and I showed up in the pod studio yesterday, and stocks just kept getting redder. The S&P 500 fell by 3% yesterday.
They threw the worst stock market tantrum we've seen in a few years. Jack and I showed up in the pod studio yesterday, and stocks just kept getting redder. The S&P 500 fell by 3% yesterday.
And it's all because of President Trump's implication that his tariffs could actually cause a recession.
And it's all because of President Trump's implication that his tariffs could actually cause a recession.
And it's all because of President Trump's implication that his tariffs could actually cause a recession.
But we also have a real-time indicator from the Fed that suggests that the economy has already switched from growth to shrinking in Trump's first quarter as a president. Now, interestingly, in response to these recession concerns, President Trump described this as a transition period for the economy. And transition period means
But we also have a real-time indicator from the Fed that suggests that the economy has already switched from growth to shrinking in Trump's first quarter as a president. Now, interestingly, in response to these recession concerns, President Trump described this as a transition period for the economy. And transition period means
But we also have a real-time indicator from the Fed that suggests that the economy has already switched from growth to shrinking in Trump's first quarter as a president. Now, interestingly, in response to these recession concerns, President Trump described this as a transition period for the economy. And transition period means
could be interpreted in two totally different ways, which is what we're about to do. First, on Twitter, a lot of people think that a recession could be a genius short-term cure to long-term inflation. Here's the crazy recession theory. People are speculating that Trump wants a recession to happen early in his term because it will fix the economy quickly. You can pause the pod for a second.
could be interpreted in two totally different ways, which is what we're about to do. First, on Twitter, a lot of people think that a recession could be a genius short-term cure to long-term inflation. Here's the crazy recession theory. People are speculating that Trump wants a recession to happen early in his term because it will fix the economy quickly. You can pause the pod for a second.
could be interpreted in two totally different ways, which is what we're about to do. First, on Twitter, a lot of people think that a recession could be a genius short-term cure to long-term inflation. Here's the crazy recession theory. People are speculating that Trump wants a recession to happen early in his term because it will fix the economy quickly. You can pause the pod for a second.
We'll explain why breaking the economy could actually fix the economy. Here's our best shot at an explanation of this conspiracy theory. For nearly four years now, we've had a big inflation problem that came with high interest rates too. Basically, you're paying more for your egg omelets and more for your mortgage.
We'll explain why breaking the economy could actually fix the economy. Here's our best shot at an explanation of this conspiracy theory. For nearly four years now, we've had a big inflation problem that came with high interest rates too. Basically, you're paying more for your egg omelets and more for your mortgage.
We'll explain why breaking the economy could actually fix the economy. Here's our best shot at an explanation of this conspiracy theory. For nearly four years now, we've had a big inflation problem that came with high interest rates too. Basically, you're paying more for your egg omelets and more for your mortgage.
But if we had a quick recession, as the theory goes, people would stop buying things and inflation would finally go away. And with that economic shrinkage, the Fed would then cut interest rates, which would make it easier to borrow money, which would help restart economic growth again. Boom. A short-term economic painful recession could kill inflation and end high interest rates.
But if we had a quick recession, as the theory goes, people would stop buying things and inflation would finally go away. And with that economic shrinkage, the Fed would then cut interest rates, which would make it easier to borrow money, which would help restart economic growth again. Boom. A short-term economic painful recession could kill inflation and end high interest rates.
But if we had a quick recession, as the theory goes, people would stop buying things and inflation would finally go away. And with that economic shrinkage, the Fed would then cut interest rates, which would make it easier to borrow money, which would help restart economic growth again. Boom. A short-term economic painful recession could kill inflation and end high interest rates.
It's almost like you flick one switch that tanks the economy, and then you flick another switch that brings it right back.