Breaking Points with Krystal and Saagar 4/29/25: TEMU Prices Skyrocket, Trump Insiders Millionaire Club, Canada Election Results, Aging Dem Retires After Blocking AOC
9 snips
Apr 29, 2025 AI Snips
Chapters
Transcript
Episode notes
Timu Prices Surge Amid Tariffs
- Tariffs have caused prices on Timu to more than double due to import charges.
- This price surge foreshadows supply issues affecting online and physical retail shelves soon.
Trade War Means Recession Risk
- Jamie Dimon warns that the best outcome of the trade war is a mild U.S. recession.
- Ray Dalio notes the economic realignment is irreversible and will vary only in execution.
Retail Traders Inflate Market Prices
- Retail traders buying dips drive market volatility despite bearish professional investors.
- This disconnect explains why markets aren't falling proportionally to economic data.