Let's talk about Trump, retiring people, workers, the markets, and you....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 11 April 2025
⏱️ 3 minutes
🧾️ Download transcript
Summary
Let's talk about Trump, retiring people, workers, the markets, and you....
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about Trump, |
| 0:08.0 | retiring people, workers, and the market. Politicians have been out there saying some very |
| 0:14.3 | inaccurate things in an attempt to downplay the effects of Trump's tariff tantrum. They need to be |
| 0:20.5 | corrected because they're leaving a lot |
| 0:22.6 | of people with the idea that the economic chaos that's occurring won't affect them. I got this |
| 0:28.6 | question. Quote, I understand it's important overall, but I don't own stocks, and while I see how the |
| 0:36.3 | possible inflation might hurt, I don't see why a flunky, at name of company, should give a flying something about the stock market. |
| 0:46.0 | This sentiment is being nurtured by politicians who are implying a total disconnect between the market and the average worker. |
| 0:53.8 | The stock market isn't the economy. |
| 0:56.6 | It's a common slogan and it's true. But that doesn't mean the two aren't connected. |
| 1:02.4 | When people say the stock market isn't the economy, they're talking about daily fluctuations |
| 1:08.0 | and line go up good mentality. Treasury Secretary Scott Bessent recently said, |
| 1:15.2 | quote, Americans who want to retire right now, the Americans who put away for years in their |
| 1:21.4 | savings accounts, I think they don't look at the day-to-day fluctuations. I want to be clear on this. What has been happening |
| 1:29.8 | is not what could be considered day-to-day fluctuations. In the overwhelming majority of |
| 1:36.1 | days, the market fluctuates less than a single percentage point up or down, and it's normally |
| 1:41.6 | not all in one direction. Since Trump took office, the Dow has dropped |
| 1:46.6 | more than 13.5%. The S&P 500 dropped more than 16%, and the NASDAQ dropped more than 21%. |
| 1:55.6 | That's a time of recording, which is probably a full trading day before you see this. Trump is supposed to |
| 2:02.7 | give a talk this morning, so you might see a little bounce. These are not day-to-day fluctuations. |
| 2:09.4 | I checked the company of the person who wrote the message. It's more than 15% down. |
| 2:15.3 | Almost a quarter of U.S. employees work for a publicly traded company. I think the most |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Belle of the Ranch, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Belle of the Ranch and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

