Tracy Alloway

Okay, so I am a dispassionate journalist, as you said, which means I have no opinions whatsoever. I am going to quote some opinions from other people.

Okay, so I am a dispassionate journalist, as you said, which means I have no opinions whatsoever. I am going to quote some opinions from other people.

All right, let me hide behind others' opinions for this one moment. I've seen people ratchet up the expectation for a recession this year to like 89%, 90%. I mean, I haven't seen anyone ratchet up growth expectations. That's not happening. And again, if you look at what was happening in November of last year, people felt pretty good about the economy.

All right, let me hide behind others' opinions for this one moment. I've seen people ratchet up the expectation for a recession this year to like 89%, 90%. I mean, I haven't seen anyone ratchet up growth expectations. That's not happening. And again, if you look at what was happening in November of last year, people felt pretty good about the economy.

All right, let me hide behind others' opinions for this one moment. I've seen people ratchet up the expectation for a recession this year to like 89%, 90%. I mean, I haven't seen anyone ratchet up growth expectations. That's not happening. And again, if you look at what was happening in November of last year, people felt pretty good about the economy.

In fact, they were feeling even better, possibly because they thought Trump was going to win by then. And so you were seeing a lot of the consumer surveys come in stronger, particularly from Republicans versus Democrats. Now we're sort of getting into the reality of the administration. And I think the business friendliness of it is, you know... in question, to put it mildly.

In fact, they were feeling even better, possibly because they thought Trump was going to win by then. And so you were seeing a lot of the consumer surveys come in stronger, particularly from Republicans versus Democrats. Now we're sort of getting into the reality of the administration. And I think the business friendliness of it is, you know... in question, to put it mildly.

In fact, they were feeling even better, possibly because they thought Trump was going to win by then. And so you were seeing a lot of the consumer surveys come in stronger, particularly from Republicans versus Democrats. Now we're sort of getting into the reality of the administration. And I think the business friendliness of it is, you know... in question, to put it mildly.

Well, to be fair, I will say there were signs of the economy slowing, you know, for the past few months. And you pointed out a bunch of the indicators that we've been seeing. So, you know, that's kind of been happening a little bit. But what's really interesting about yesterday. And Joe actually made this point very well. You know, both of us have been in finance journalism for a long time.

Well, to be fair, I will say there were signs of the economy slowing, you know, for the past few months. And you pointed out a bunch of the indicators that we've been seeing. So, you know, that's kind of been happening a little bit. But what's really interesting about yesterday. And Joe actually made this point very well. You know, both of us have been in finance journalism for a long time.

Well, to be fair, I will say there were signs of the economy slowing, you know, for the past few months. And you pointed out a bunch of the indicators that we've been seeing. So, you know, that's kind of been happening a little bit. But what's really interesting about yesterday. And Joe actually made this point very well. You know, both of us have been in finance journalism for a long time.

We've seen a lot of policy speeches over the years, and we've seen lots of big ones that the market has reacted to negatively. But all of those have tended to be like crisis communications. You know, you're in the depths of 2008 or the Eurozone crisis. You're saying this is going to be your emergency plan, emergency funding. But The market doesn't like it, starts tanking.

We've seen a lot of policy speeches over the years, and we've seen lots of big ones that the market has reacted to negatively. But all of those have tended to be like crisis communications. You know, you're in the depths of 2008 or the Eurozone crisis. You're saying this is going to be your emergency plan, emergency funding. But The market doesn't like it, starts tanking.

We've seen a lot of policy speeches over the years, and we've seen lots of big ones that the market has reacted to negatively. But all of those have tended to be like crisis communications. You know, you're in the depths of 2008 or the Eurozone crisis. You're saying this is going to be your emergency plan, emergency funding. But The market doesn't like it, starts tanking.

Usually the market is tanking because the crisis response is not enough. This time, it's too much, right? It's like a purely self-manufactured market crisis impact, which is extremely unusual in itself.

Usually the market is tanking because the crisis response is not enough. This time, it's too much, right? It's like a purely self-manufactured market crisis impact, which is extremely unusual in itself.

Usually the market is tanking because the crisis response is not enough. This time, it's too much, right? It's like a purely self-manufactured market crisis impact, which is extremely unusual in itself.

Well the other thing I would say that's really worrying for investors and I think it's one of the reasons we're seeing such a strong reaction I mean Trump and the administration all the professionals in that administration they must have known that stocks were going to react very very negatively to this I

Well the other thing I would say that's really worrying for investors and I think it's one of the reasons we're seeing such a strong reaction I mean Trump and the administration all the professionals in that administration they must have known that stocks were going to react very very negatively to this I

Well the other thing I would say that's really worrying for investors and I think it's one of the reasons we're seeing such a strong reaction I mean Trump and the administration all the professionals in that administration they must have known that stocks were going to react very very negatively to this I