Pivot Market Meltdown, Tariff Winners and Losers, and TikTok Deadline Delayed
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Apr 8, 2025 Dive into the whirlwind of the markets, influenced by Trump's tariffs and China's counter moves. Discover who wins and loses—Warren Buffett shines while Big Tech struggles. Get insights for anxious investors bracing for volatility. Plus, explore the prolonged TikTok deadline and its implications for national security. Enjoy a sprinkle of light-hearted banter and personal anecdotes from the hosts, all while navigating the complexities of global trade and its effects on innovation and job creation.
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College Tour Impressions
- Scott Galloway toured eight colleges in five days with his son.
- He shared humorous, pointed observations about each university, from UW-Madison resembling "Phi Caps" to UNC having a "great vibe".
Tariffs' Economic Impact
- Donald Trump's tariffs are causing significant market volatility and economic concern.
- Experts like Larry Summers call the tariffs a "self-inflicted wound", while Goldman Sachs raises recession odds.
Manufacturing Resurgence?
- Howard Lutnick predicts a U.S. manufacturing resurgence due to tariffs, citing increased factory jobs for high school graduates.
- Scott Galloway criticizes this view, arguing Americans are unlikely to embrace assembly line work.