S2 Ep1022: Stephanie Ruhle: Only Trump Is Happy
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What does Tim Miller introduce in this episode?
So Sarah JVL and I break that threat assessment down on the Next Level podcast. Go subscribe to that. But on today's show, she's already making me giggle. She's the host of the 11th Hour on MSNBC. She also is a senior business correspondent for NBC News. She was formerly managing director at Deutsche Bank. And she's doing I Dream of Jeannie dance moves right now. It's Stephanie Ruhl. What is up, girl?
Hey, hey, hey. Yeah, all of those things are right, but today I'm just psyched to be here with you.
Mia Wallace, Pulp Fiction, or I Dream of Jeannie? What was the dance move there?
Just a little bit of me this morning. Just find and enjoy wherever we can.
Steph was, she has the show, as I mentioned, The 11th Hour, which is on 11 p.m. to midnight. which is a struggle for me. It's on Central Time, but she's doing it on Eastern Time. And then she was on the Today Show. What were you doing?
I was talking about summer ahead, summer travel tips. And, you know, it's so funny, even in sort of like the most basic safe place that you're talking, people are looking at the tariff situation. They're looking at the international situation and they're worried and they should be.
I saw an article right now that 900,000 fewer Canadians came across the border in March than of March last year. So maybe for some people, that'll mean more hotel rooms open in hot Canadian travel spots like the UP and Michigan. But I don't know if that's great for the locals.
What's happening on a global scale, as soon as you see people just stopping travel... It's just another window into what I think is the biggest problem here. And it's this crisis of confidence and what we've spent decades and decades and decades building our relationship and our trust around the world, right?
What insights does Stephanie Ruhle share about the economy?
Globalization, while it was really tough for parts of this country, for parts of our economy, globalization is also why, in large part, we as a globe have prospered. And the fact that we're seeing bits of it and chunks of it break down, that's the most worrisome thing.
It is. We're going to break it all down. And she's going to be a little punchy. We're on like four hours of sleep maybe for Steph. So I want to start here, which is how much difference a fiscal quarter makes. Because I re-listened this morning to the podcast we did together where you were bucking me up. I was in a dark place. It was, I think, like two days after the inauguration, maybe three. It's funny to listen to it because it's like the environment is so different from now. Like we were mostly talking about like this vibe shift among the business world and how they're getting on board with Trump. And they're like, yeah, we have our doubts, but at least we can say pussy again. And we're going to get our tax cuts and our regulation cuts and our stock number is going to go up.
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Chapters
8 chapters
1
What does Tim Miller introduce in this episode?
1:23–3:02
2
What insights does Stephanie Ruhle share about the economy?
3:02–6:11
3
How is Trump affecting Wall Street and business confidence?
6:11–9:10
4
What concerns do investors have regarding Trump's policies?
9:10–14:45
5
What is the significance of the Abrego Garcia case?
14:45–25:19
6
How are mortgage rates impacting potential homebuyers?
25:19–32:56
7
What is the current state of the manufacturing industry?
32:56–45:04
8
Why is Trump the only one seemingly happy amid economic turmoil?
45:04–53:46
Speakers
5 identifiedMore from The Bulwark Daily
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