Markets Defy Predictions in Trump’s First Month

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 21 February 2025

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A.M. Edition for Feb. 21. WSJ finance editor Alex Frangos explains why expectations that President Trump’s policies would further strengthen the dollar haven’t panned out so far. Plus, Senate Democrats use a budget vote to make Republicans squirm. And WSJ housing reporter Rebecca Picciotto says we’re headed toward a landlord-friendly era… expect higher rents. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Listen: The Hardball Tactic Landlords Use to Tank Your Credit Score Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Ready to launch your business? Get started with the commerce platform made for entrepreneurs.
0:04.8	Shopify is specially designed to help you start, run and grow your business with easy customizable themes that let you build your brand.
0:12.5	Marketing tools that get your products out there. Integrated shipping solutions that actually save you time.
0:17.5	From startups to scaleups, online-person, and on the go.
0:22.0	Shopify is made for entrepreneurs like you. Sign up for your $1 a month trial at Shopify.com
0:27.8	slash setup.
0:33.3	Senate Republicans advance their budget blueprint after Democrats stage an overnight amendment marathon.
0:40.6	Plus, finance editor Alex Frangos explains why markets performed in unexpected ways during President Trump's first month in the White House.
0:49.1	And America's apartment glut dries up, raising the prospect of higher rents.
0:54.3	Renters could feel a bit more pressure in their budgets, and they should definitely expect
0:57.8	competitiveness in the rental market to heat up.
1:00.5	It's Friday, February 21st. I'm Luke Vargas for the Wall Street Journal, and here is the
1:05.1	AM edition of What's News, the top headlines and business stories moving your world today.
1:14.4	Senate News, the top headlines and business stories moving your world today. Senate Republicans have passed a $340 billion budget blueprint that would eventually fund new spending for border security and the military.
1:24.0	That followed an all-night fight with Democrats who proposed a number of non-binding amendments
1:29.0	meant to put Republicans on the record on a range of issues, Democratic Minority Leader Chuck Schumer.
1:35.0	We will have late nights here on the floor exposing Republicans' hypocrisy on health care,
1:41.5	on national security, on job creation, on inflation, and most of all, on where
1:46.5	their main focus is, their North Star, tax breaks for their billionaire buddies.
1:52.9	Democratic proposed votes relating to housing, energy costs, and blocking tax breaks for the
1:58.7	wealthy were defeated, along with measures to reinstate some
2:02.2	fired government employees and ramp up support for Ukraine. The framework approved this morning
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Wall Street Journal, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Wall Street Journal and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.