Molly Ball
๐ค SpeakerAppearances Over Time
Podcast Appearances
I mean, how much are they sort of at each other's throats in the White House these days?
I mean, how much are they sort of at each other's throats in the White House these days?
I mean, how much are they sort of at each other's throats in the White House these days?
I think that's really the big question is sort of where do we go from here? Because we saw the market spike up on Wednesday with the announcement of the pause, but then it sort of fell back to earth on Thursday, in part because I think Wall Street collectively realized like, oh, this isn't over. We still don't know where this is all gonna land, number one.
I think that's really the big question is sort of where do we go from here? Because we saw the market spike up on Wednesday with the announcement of the pause, but then it sort of fell back to earth on Thursday, in part because I think Wall Street collectively realized like, oh, this isn't over. We still don't know where this is all gonna land, number one.
I think that's really the big question is sort of where do we go from here? Because we saw the market spike up on Wednesday with the announcement of the pause, but then it sort of fell back to earth on Thursday, in part because I think Wall Street collectively realized like, oh, this isn't over. We still don't know where this is all gonna land, number one.
Number two, with the extremely high tariff on China, which of course used to be a major American trading partner, And that across-the-board 10% tariff that remains in place, this is still a very large hike in tariffs, even if it's less than what was originally proposed. And we've talked about this on the show before. It's the uncertainty, stupid, right? I'm not calling you stupid.
Number two, with the extremely high tariff on China, which of course used to be a major American trading partner, And that across-the-board 10% tariff that remains in place, this is still a very large hike in tariffs, even if it's less than what was originally proposed. And we've talked about this on the show before. It's the uncertainty, stupid, right? I'm not calling you stupid.
Number two, with the extremely high tariff on China, which of course used to be a major American trading partner, And that across-the-board 10% tariff that remains in place, this is still a very large hike in tariffs, even if it's less than what was originally proposed. And we've talked about this on the show before. It's the uncertainty, stupid, right? I'm not calling you stupid.
I'm just referring back to the cliche about the economy. Because what I think a lot of people on Wall Street have taken from this whole episode is just that so much is riding on the president's whims and he has such vast unilateral authority, unless the courts or Congress rein him in, that we're likely to be on this roller coaster for a while longer. I don't know. What do you think, Josh?
I'm just referring back to the cliche about the economy. Because what I think a lot of people on Wall Street have taken from this whole episode is just that so much is riding on the president's whims and he has such vast unilateral authority, unless the courts or Congress rein him in, that we're likely to be on this roller coaster for a while longer. I don't know. What do you think, Josh?
I'm just referring back to the cliche about the economy. Because what I think a lot of people on Wall Street have taken from this whole episode is just that so much is riding on the president's whims and he has such vast unilateral authority, unless the courts or Congress rein him in, that we're likely to be on this roller coaster for a while longer. I don't know. What do you think, Josh?
I am not familiar with all the legalities involved, but certainly this is something that Democrats are on fire about. You know, on Wednesday morning, before he announced the rollback of the tariffs, Trump posted that it was a great time to buy. And there's some evidence that at least some people did take that advice. And so the question is, did they have foreknowledge?
I am not familiar with all the legalities involved, but certainly this is something that Democrats are on fire about. You know, on Wednesday morning, before he announced the rollback of the tariffs, Trump posted that it was a great time to buy. And there's some evidence that at least some people did take that advice. And so the question is, did they have foreknowledge?
I am not familiar with all the legalities involved, but certainly this is something that Democrats are on fire about. You know, on Wednesday morning, before he announced the rollback of the tariffs, Trump posted that it was a great time to buy. And there's some evidence that at least some people did take that advice. And so the question is, did they have foreknowledge?
And, you know, the president himself had people in the White House, and he's pointing at them saying, like, look how much money they made off of taking my advice. And Democrats are saying that this is something that they're going to investigate.
And, you know, the president himself had people in the White House, and he's pointing at them saying, like, look how much money they made off of taking my advice. And Democrats are saying that this is something that they're going to investigate.
And, you know, the president himself had people in the White House, and he's pointing at them saying, like, look how much money they made off of taking my advice. And Democrats are saying that this is something that they're going to investigate.
Yeah, I mean, look, the trade war with China is well underway. And with the caveat that Trump is nothing if not unpredictable and could reverse himself in any way at any moment, the reality is this is now a major trade war. much bigger than anything Trump did against China in his first term. And we are still at the very beginning of these tariffs actually being implemented.
Yeah, I mean, look, the trade war with China is well underway. And with the caveat that Trump is nothing if not unpredictable and could reverse himself in any way at any moment, the reality is this is now a major trade war. much bigger than anything Trump did against China in his first term. And we are still at the very beginning of these tariffs actually being implemented.