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The Glenn Beck Program

Best of the Program | Guest: Carol Roth | 4/7/25

Apr 7, 2025
Carol Roth, a former investment banker and entrepreneur, dives into the implications of President Trump's tariffs on small businesses. She debates the reaction strategies small businesses can adopt amidst market fluctuations. The discussion touches on globalism's decline and the complex interplay between political statements and stock market behavior. With a humorous twist, they also explore the absurd confidence some people have in their ability to outrun horses, pointing out the often unrealistic assessments of human capability.
50:14

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • The podcast emphasizes the notion that current market volatility is largely driven by anxiety and misinformation rather than solid economic fundamentals.
  • A significant theme is Trump’s attempt to reset economic systems away from globalization, highlighting urgent concerns regarding rising tariffs on small businesses.

Deep dives

Market Instability and Historical Context

The podcast discusses the recent volatility in the stock market, likening it to the infamous Black Monday crash of 1987. On that day, the Dow Jones index plummeted by 22% and created widespread panic. The hosts express skepticism that a similar catastrophic drop will occur today, despite fears stirred by ongoing financial issues and tariff announcements. They believe that the current market dips are largely driven by anxiety rather than grounded economic fundamentals.

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