4.6 • 1.2K Ratings
🗓️ 3 April 2025
⏱️ 39 minutes
🧾️ Download transcript
See omnystudio.com/listener for privacy information.
Click on a timestamp to play from that location
0:00.0 | Just don't check your 401k, okay? |
0:02.0 | Just don't do that right now. |
0:03.9 | It'll make for a bad day. |
0:05.1 | Look, if you're checking it on a daily basis, look, I'm not a financial expert. |
0:08.7 | Consult your trained professional, but I was told you're doing it wrong if you're looking at it every day. |
0:12.9 | Right. |
0:13.8 | You just need to put it in there and just let it sit for a while. |
0:16.2 | So this morning during the opening bell, the Dow Jones was down over 1,000 points. |
0:21.4 | NASDAQ fell 752 points, S&P 500 declined 3.2%. |
0:26.3 | And all of this in response to the latest round of tariffs announced by Donald Trump. |
0:30.9 | Yeah, the reality is. |
0:32.6 | And it's, you know, it sounds like you're saying like, oh, I can't believe you're saying this, but it's true. |
0:39.6 | The market really matters the day that you pull your money out because the markets rise and markets fall. |
0:46.6 | And this is a tough one because in the sense of these tariffs, I get what he's trying to do, which he's trying to say, and he's right. |
0:55.2 | Our country has been taken advantage of in terms of trade for many, many years. |
1:00.1 | We are devaluing the buying power we actually have. |
1:04.0 | And I think that's one of the biggest parts of it, is our buying power is immense, it is intense, and it is valuable. |
1:10.2 | And we have given our buying power away with |
1:12.4 | these imbalanced trade agreements. So all of that is true what he's saying. The question has to be, |
1:20.0 | though, because life is all about, as George W. Bush would say, strategic, right? It's about |
1:26.8 | strategic strikes. And this is true |
1:29.1 | in your personal life, your professional life. Like you don't just every day wake up and look for a new |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Kendall And Casey, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Kendall And Casey and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.