The Ben Shapiro Show Ep. 2173 - FALLOUT: Stock Market Drops, Trump Pushes On
115 snips
Apr 4, 2025 
Ezra Klein, an influential journalist and author, joins Dave McCormick, a U.S. Senator and co-author of 'Who Believed in You?' to dive into the fallout from President Trump's tariff policies and their repercussions on the stock market. They discuss the complexities of trade negotiations and the economic implications of rising corporate debt. The conversation touches on reshoring manufacturing, inflation concerns, and the necessity of clear communication amidst market chaos. They also reflect on the critical role of mentorship in navigating personal and political growth.
AI Snips
Chapters
Books
Transcript
Episode notes
Market Reaction to Tariffs
- The stock market reacted negatively to Trump's tariff plan, suffering its steepest decline since 2020.
- This drop reflects investor concern about a potential trade war and recession.
Long-Term Investment Strategy
- A long-term investment strategy suggests holding onto investments during market dips.
- Avoid selling during declines if you can hold for extended periods.
Sowell's Criticism
- Thomas Sowell compared Trump's tariff plan to a ruinous decision from the 1920s.
- He warned about the potential for a devastating worldwide trade war.
