Hannah Erin Lang
speaker
97 appearances
5 recordings
1 series
first heard Jan 2026
last heard 7 Jul
Hannah Erin Lang’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 5 in all, peaking in Jul 2026 with 1.
Appearances
And it's this acronym that means Trump always chickens out.
And that same dynamic is kind of what we're seeing today.
If you were one of the investors betting that this whole thing would kind of blow over and stocks would eventually rebound, I mean, you look kind of vindicated today, right?
We're seeing a pretty sharp move upward.
I should mention this isn't kind of as big of a quote-unquote taco moment as we have seen in the past.
Today's taco trade didn't pack as much of a punch as it did a year ago when we saw even more massive gains in the major U.S.
stock indexes after Trump paused those tariffs.
We haven't necessarily snapped back enough to eke out a positive gain this year to date.
So all three major U.S.
stock indexes are still down slightly in 2026.
We need to make sure that this rally has legs before we end up in positive territory for the year so far.
So stocks fell again today, and one of the big reasons had to do with oil prices.
Oil prices continued the relentless rise amid the widening military conflict in the Middle East, and they surged above $90 after logging their biggest weekly gain on record.
This has to do with the fact that the war with Iran has forced a de facto closure of the Strait of Hormuz, which is a key shipping route for global energy.
And then the jobs report was a lot worse than economists expected.
The U.S.
economy lost 92,000 jobs.
That's stirring up these fears of stagflation, which is a scenario in which economic growth stalls but inflation continues to rise, which would be pretty bad news for investors.
Hey listeners, it's Saturday, January 24th.
I'm Hannah Aaron Lang for The Wall Street Journal.
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