Hey, welcome everybody to the Jim Acosta show. It is Wednesday, April 9th. We are back in the Trump

cave, I guess you could call it. Trump backed down on tariffs. And the markets, they bounce back too.

I'm looking at the Dow right now. It's up about 2,900 points. And joining me on the show today is the

one and only Ali Valshi. Ali, great to see you. My old colleague

from yesteryear, it's going to be back on with you. And you remember, but when you and I first met,

I was fully a financial reporter. That's what I did for a living. So this is my space.

You know, today's a good day to be in it. Most of the days in the last couple weeks, you know, all of us in this world have been, you know, our head and our hands going, what's going on?

Exactly.

Some crazy times.

It's crazy. It's crazy shit.

And I thought of you because, not because it's crazy shit, but because of your long history covering the markets and covering the financial sector.

You did it for many years at CNN.

You've done it at NBC News and MSNBC.

And I have to imagine, Ali, that you've not really covered a business story like this, a finance story like this,

where the president of the United States, I mean, essentially single-handedly caused the markets to tank over a period of days with this idea that he can put tariffs on basically the entire world.

And then earlier today, they backed down.

I mean, the former Treasury Secretary, Larry Summers, tweeted this just a short while ago.

Bullies back down.

It is tragic to see the United States following Banana Republic policy approaches and market patterns.

And then Charlie Gasparino,

he's over at Fox. We report you decide. Charlie Gasperito says, let's be clear what happened,

who capitulated here and why. You know, I don't want to say this because I'm a patriot. I'm an

...