On WSJ’s Take On the Week, co-hosts Telis Demos and Gunjan Banerji start the show by looking at why rare earth magnets remain at the center of trade talks with China. Why are business leaders like Elon Musk and Jamie Dimon critical of President Trump’s tax and spending bill, and what does it mean for bonds and the deficit? Plus, we take a look at inflation ahead of this week’s CPI report. Later on the show, Mark Zandi, chief economist of Moody’s Analytics, gives his take on all the policy balls in the air and how where they land will affect the economy. He shares which economic barometers he’s keeping an eye on – from employment rates and immigration to inflation and consumer sentiment – and which give him confidence in a resilient U.S. economy. This is WSJ’s Take On the Week where co-hosts Gunjan Banerji, lead writer for Live Markets, and Telis Demos, Heard on the Street’s banking and money columnist, cut through the noise and dive into markets, the economy and finance—the big trades, key players and business news ahead. Have an idea for a future guest or episode? How can we better help you take on the week? We’d love to hear from you. Email the show at [email protected]. To watch the video version of this episode, visit our WSJ Podcasts YouTube channel or the video page of WSJ.com. Further Reading Automakers Race to Find Workaround to China’s Stranglehold on Rare-Earth Magnets Why the U.S. Economy Will Muddle Through Trump’s Tariffs. Probably. U.S. Economy Shows Remarkable Resilience in Face of Trade Turmoil What the U.S.-China Tariff Rollback Means for the American Economy Trump Downplays Economic Concerns as He Looks to Cut Trade Deals For more coverage of the markets and your investments, head to WSJ.com , WSJ’s Heard on The Street Column, and WSJ’s Live Markets blog . Sign up for the WSJ's free Markets A.M. newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Ask this episode

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