Alicia Munnell, Director of the Center for Retirement Research at Boston College, dives into the complexities of Social Security and its historical evolution. She discusses the implications of tax-free benefits promised by Trump – more money for individuals but potential risks for the Social Security fund. The conversation highlights the program's origins during the Great Depression and the challenges it faces today, emphasizing the need for sustainable solutions to protect future retirees.

Jim Caron, CIO at Morgan Stanley, discusses the market's response to the recent CPI and inflation under a potential second Trump term. Alicia Munnell, a retirement expert from Boston College, delves into the shortcomings of the U.S. retirement system, highlighting the struggles faced by those lacking employer-sponsored plans. David Salem from Hedgeye raises alarms about inflation's economic impacts and provides valuable insights on investment strategies in a shifting landscape. Together, they explore the intricate ties between politics, economics, and retirement policies.