On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the effect of President Trump's tariffs on the economy for the rest of the year, which set an average American tariff rate of roughly 17 percent, and what this means for both the "old" and "new" economies.Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=10:00 - Introduction: The Old Economy vs. The New Economy0:34 - The New Reality: A 17% Average Tariff Rate1:44 - The PROS: How the AI Revolution is Powering the Economy4:10 - The Shocking Stat: AI's Outsized Impact on Growth5:04 - The CONS (Part 1): The Frozen Housing Market7:00 - The CONS (Part 2): The Slowing Job Market9:02 - The Historical Pattern of a Jobs Slowdown11:15 - The Market Reacts: A Great Economic BifurcationFuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescriptStay ConnectedForbes newsletters: https://newsletters.editorial.forbes.comForbes on Facebook: http://fb.com/forbesForbes Video on Twitter: http://www.twitter.com/forbesForbes Video on Instagram: http://instagram.com/forbesMore From Forbes: http://forbes.comForbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

Ask this episode

“What did the council decide on item 42?” — answered with the speaker and the moment.

Transcript

Related