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Morning Joe

Morning Joe 4/4/25

Morning Joe

NBC News

Politics, Washington, Giest, Government, Election, Issues, Nbc, Campaign, Brezinski, President, News, Congress, Scarboro

48K Ratings

🗓️ 4 April 2025

⏱️ 47 minutes

🧾️ Download transcript

Summary

China strikes back as stocks slide after worst day since 2020

Transcript

Click on a timestamp to play from that location

0:00.0

Generally speaking, this was far worse than had been anticipated, certainly by the market,

0:04.6

which thought, in many investors I've spoken to, thought it had already baked in, especially

0:09.5

given the action we saw the last couple of days, the expectations.

0:13.4

And then you had a lot of different things going around the last few days, whether it was 10%

0:17.1

or 20% across the board or what it might be.

0:20.0

But calling these reciprocal is not really...

0:22.4

We don't use that word.

0:23.6

We're done using that word.

0:24.8

We're done using the debt because that's just...

0:26.9

I don't want to call it a lie.

0:27.9

It's dissembling.

0:31.1

All right.

0:32.7

Having fun at CNBC yesterday, Willie.

0:35.6

It was about as volatile a day on Wall Street as they've seen

0:40.1

since the beginning of the panic, the COVID panic. This is a tear of shockwaves, circle the

0:47.7

Globe, the New York Times showing what all the markets were doing around the world. Wall Street Journal stocks suffer

0:57.0

steepest slide since 2020, also cover there, and also something that caught my attention,

1:07.4

George Clooney on the front of the art section on Broadway for good night.

1:12.4

Good luck. That looks fascinating. But probably not what many people want to talk about right now.

1:17.1

You know, Willie, a savage day yesterday, about 5%. The market's going down about 5%.

1:23.6

Going down all across the globe. I will say, as I did after the president's announcement,

1:30.9

a couple of days ago, I took a look at futures and saw that there was going to be a precipitous drop

...

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