Heather Long

Who does he go to first? Mexico and Canada. You know, that was not expected. So the market starts to go down early February. Trump pulls them off. Then we kick it to that crazy week in March. And it was just mind blowing, even for traders on Wall Street, whose whole job is to be able to react in microseconds. This was just crazy.

And so I think that's when Wall Street really started to say, wait a minute, our entire read on what Trump is trying to do with these tariffs is probably wrong. And we need to really take seriously that there could be some mistakes or that this trade war is going to be way bigger than we were estimating.

And so I think that's when Wall Street really started to say, wait a minute, our entire read on what Trump is trying to do with these tariffs is probably wrong. And we need to really take seriously that there could be some mistakes or that this trade war is going to be way bigger than we were estimating.

And so I think that's when Wall Street really started to say, wait a minute, our entire read on what Trump is trying to do with these tariffs is probably wrong. And we need to really take seriously that there could be some mistakes or that this trade war is going to be way bigger than we were estimating.

And now, of course, we've kicked it to April 2nd is the new, oh my gosh, what's really going to happen day for on these tariffs.

And now, of course, we've kicked it to April 2nd is the new, oh my gosh, what's really going to happen day for on these tariffs.

And now, of course, we've kicked it to April 2nd is the new, oh my gosh, what's really going to happen day for on these tariffs.

Oh, yes. Oh, yes. And so two big things are going on. Number one is a significant number of people have been buying ahead of the tariffs. So you saw a bit of a splurge or a mini boom, if you will, and people trying to buy a car. are trying to get their home improvements done basically before Trump took office and certainly by March 1st.

Oh, yes. Oh, yes. And so two big things are going on. Number one is a significant number of people have been buying ahead of the tariffs. So you saw a bit of a splurge or a mini boom, if you will, and people trying to buy a car. are trying to get their home improvements done basically before Trump took office and certainly by March 1st.

Oh, yes. Oh, yes. And so two big things are going on. Number one is a significant number of people have been buying ahead of the tariffs. So you saw a bit of a splurge or a mini boom, if you will, and people trying to buy a car. are trying to get their home improvements done basically before Trump took office and certainly by March 1st.

And that's actually masking a lot of the pain that I think we could potentially see soon. I think the second noticeable thing that's different is, look, people are very concerned about inflation and they're watching, you know, they are watching the egg price crisis.

And that's actually masking a lot of the pain that I think we could potentially see soon. I think the second noticeable thing that's different is, look, people are very concerned about inflation and they're watching, you know, they are watching the egg price crisis.

And that's actually masking a lot of the pain that I think we could potentially see soon. I think the second noticeable thing that's different is, look, people are very concerned about inflation and they're watching, you know, they are watching the egg price crisis.

They're starting to see and get notes from retailers or from electric utilities warning them that as these tariffs go into place, bicycles are going to cost more. Your utility bill could come up if you get your energy partly from Canadian hydropower, Canadian oil that's coming across the border. So I think people are very tuned into this and can really start to see it tangibly. Yeah.

They're starting to see and get notes from retailers or from electric utilities warning them that as these tariffs go into place, bicycles are going to cost more. Your utility bill could come up if you get your energy partly from Canadian hydropower, Canadian oil that's coming across the border. So I think people are very tuned into this and can really start to see it tangibly. Yeah.

They're starting to see and get notes from retailers or from electric utilities warning them that as these tariffs go into place, bicycles are going to cost more. Your utility bill could come up if you get your energy partly from Canadian hydropower, Canadian oil that's coming across the border. So I think people are very tuned into this and can really start to see it tangibly. Yeah.

Yeah. And this is so different than before. Partly it's tariffs, but even more so, I think the Trump administration, particularly Elon Musk, did not understand the psychology of this doge craziness.

Yeah. And this is so different than before. Partly it's tariffs, but even more so, I think the Trump administration, particularly Elon Musk, did not understand the psychology of this doge craziness.

Yeah. And this is so different than before. Partly it's tariffs, but even more so, I think the Trump administration, particularly Elon Musk, did not understand the psychology of this doge craziness.

You know, they're so eager to show that they are cutting all of these federal jobs. But what it's really doing is freaking Americans out, even if you don't work in a federal government sector. You know, I've heard from daycare workers who suddenly say, wait a minute, if a bunch of people in my area lose their job, does that mean they're not going to take their kid to daycare anymore?