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Prof G Markets

What to Do in the Wake of Trump’s Tariff Pause

Mon, 14 Apr 2025

Description

Scott and Ed dive into the ongoing trade war, unpacking how markets reacted to Trump’s 90-day tariff pause and the broader turmoil with China. They break down what may have just been the greatest day of insider trading in history, assess the damage to American 401Ks, and explore what likely drove Trump to hit pause on the tariffs. Scott also offers practical advice for weathering the uncertainty ahead.  Vote for Prof G Markets at the Webby Awards Subscribe to the Prof G Markets newsletter  Order "The Algebra of Wealth," out now Subscribe to No Mercy / No Malice Follow the podcast across socials @profgpod: Instagram Threads X Reddit Follow Scott on Instagram Follow Ed on Instagram and X Learn more about your ad choices. Visit podcastchoices.com/adchoices

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0.783 - 20.412 Unknown

And we're back, folks. It looks like Jim from sales just got in from his client lunch and he's got receipts. His next meeting is in two minutes. The team is asking, can he get through his expenses in that time? He's going for it. Is that his phone? He's snapping a pic. He's texting Ram. Jim is fast, but this is unheard of. That's it. He's done it. It's unbelievable.

0

21.232 - 28.376 Unknown

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31.687 - 44.389 Unknown

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74.356 - 89.953 Scott

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90.253 - 95.92 Scott

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96.3 - 104.262 Scott

What if you could? Today's number, $313 million. That's how much a Minecraft movie made in its opening weekend, the biggest video game film opening ever. Ed, a rabbi, a priest, and a stripper walk into a bar. What does the bartender say? What? I don't know, but Donald Trump is a fucking idiot.

133.286 - 155.744 Scott

I just made that up. I'm proud of that. That's good. That'll get the people going. And for those of you who think I have Trump derangement syndrome, I have this thing called capitalism and democracy addiction syndrome. I really love Netflix and I love... you know, living somewhere nice. And I love rule of law. And I love people who make smart decisions and prosperity.

155.804 - 179.39 Scott

I'm just so into this whole prosperity and rights thing. And I've gotten so used to it. So Megyn Kelly is super easy to find. If you're looking for people to justify, like say he's playing 4D chess, right? No, he's not even playing fucking Jenga or checkers. He's playing Russian roulette. with everyone's prosperity. I am in a bad mood today, Ed. I can tell.

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