Owen Gregorian
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Podcast Appearances
And so I see this as a negative thing overall, but I do think what the stock market does is a different question because most poorer people or even many middle class people don't have huge stock holdings.
So it's not really going to impact them.
And I don't know, I'm looking at the stock market now.
S&P is at like 6,900.
And a lot of other countries that were having these higher tariffs were just their economies going south.
And that's going to drag down the United States to some extent.
So, you know, it's not like we're totally disconnected from all these other economies.
And certainly China and other places would factor into that as well, that if they're not doing well, then we're not doing as well.
I'm arguing against myself a little bit here.
I'm just trying to present the other side.
That's what other people might say.
It's not really my view, but if the European economy is healthier, then maybe they'll buy more American products.
Maybe they'll come here and travel more.
Maybe they'll have some positive impact.
I tend to think overall, if I just start from an America first perspective, I'd rather have the tariffs.
there were times in the past right that we had that right so that feeling that we had that it does maybe other people doesn't even know what that means they haven't even felt it in their lives i think young people are getting the short end at this point you know gen z getting into the workforce not being able to buy a house not being able to afford enough to have kids so it's going to take some time to work through that where people are actually saying wow things are better now you know mortgage rates are down job
rates are up, wages are up, but not enough where people are gonna say, oh my God, it's night and day, totally different.
It's more like, okay, real wages went up 3%, which is great,
it's only 3%.
It's not going to mean like a hundred percent, which is what the inflation has been over the last couple of years if you put it all together.