4/11/25: Experts worry Trump is insane, Fox realizes tariffs hurt people
The David Pakman Show
David Pakman
4.8 β’ 6.2K Ratings
ποΈ 11 April 2025
β±οΈ 57 minutes
ποΈ Recording | iTunes | RSS
π§ΎοΈ Download transcript
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| 0:00.0 | Well, welcome, everybody. |
| 0:08.5 | If you thought the English language couldn't take any more abuse after watching Donald |
| 0:13.9 | Trump's latest public appearance, just you wait. |
| 0:17.8 | This week, a flood of Wall Street analysts and institutional fund managers basically |
| 0:25.0 | said out loud what many of us have been wondering about for years. Donald Trump might not |
| 0:31.0 | just be wrong on this whole tariff thing. He might be mentally unwell. Not my words. Okay? This is a direct quote from financial research firm FS Insights whose founder Tom Lee said that |
| 0:45.1 | there are fund managers now fearing that the president is quote insane. |
| 0:51.3 | Check this out. |
| 0:52.1 | Quote, in the last few days, we have had many conversations with macro fund managers and their |
| 0:57.1 | concern is that the White House is not acting rationally, but rather on ideology. |
| 1:03.5 | And some even fear that this may not even be ideology. |
| 1:08.0 | A few have quietly wondered if the president might be insane. |
| 1:14.5 | This is not just snark. |
| 1:17.0 | This is people whose job is to make money under any administration and they are publicly |
| 1:24.4 | sounding the alarm because Trump's latest economic decisions make zero |
| 1:29.7 | sense unless you're either deliberately trying to destroy market confidence. |
| 1:34.2 | You've lost touch with reality or it's an insider trading pump and dump scheme, the |
| 1:40.0 | likes of which Senator Adam Schiff wants to investigate. |
| 1:43.7 | Trump dropped new tariffs on China, |
| 1:45.5 | 125 percent, because why not? China fired back with their own tariffs. And then in classic Trump |
| 1:52.5 | fashion, as we talked about yesterday, he abruptly reverses course and pauses most tariffs, |
| 1:57.8 | except on China, announcing a flat 10 percent baseline tariff instead, but it's paused. |
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