Hello.

Welcome to Slate Money, your guide to the business and finance news of the week.

I'm Felix Salmon of Axios.

I'm here with Elizabeth Spires of the New York

Times and Humplemoose, something like that. Passion fruit. All manner of places. We'll talk about that

later. We are joined also, of course, by Emily Peck of Axios. Hello, hello. And we're going to

talk about the stock market. It is down. And we're going to talk about the stock market.

It is down, and we're going to talk about whether that matters.

We're going to talk about finance and whether it's going to ever become an American company.

And if not, does that matter?

We are going to talk about Mr. Beast and his chocolate bar.

Elizabeth Spires is going to eat one of his chocolate bars. We have a slate-clust segment on Banner White and the optimal number of days

to work per year. It's all coming up on slate money. Okay, so for markets nerds, I know there's on Slate Money.

Okay, so for markets nerds, I know there's one or two of you out there.

One of the words that was being thrown around this week was correction.

As in, if you look at the market, the broad stock market, the S&P 500, it briefly touched a level where it was 10% below its high point. And markets, nerds, and people keeping almanacs and

that kind of thing have a name for this. It's called a correction. If it then goes down as much again and goes

down 20% from its high point, that is called a bear market. See, we define terms here on Slate

money. And people care about this because they like round numbers and, you know, that kind of thing.

But people are particularly

caring about this because it is happening in the midst of Trump chaos. And so there is a natural

tendency to basically assign some kind of causality there and say the stock market is going down because Trump something,

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