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Sid & Friends In The Morning

Stock Market Spaz Out | 03-12-25

Sid & Friends In The Morning

77 WABC

Sports, Comedy, News

4.2828 Ratings

🗓️ 12 March 2025

⏱️ 158 minutes

🧾️ Download transcript

Summary

On this Wednesday edition of Sid & Friends in the Morning, every day Americans continue to spaz out over the plummeting stock market, responding to the back & forth tariff war that President Trump has initiated. The President warned Americans that there would be a painful period for the market in immediate response to his tariffs, and that patience is a virtue when it comes to Wall Street's abysmal numbers over the last couple of days. In other news of the day, the Department of Education is slashing half of its employees thanks to President Trump and Elon Musk's DOGE, and pro-Palestinian protesters continue to gather in support of Columbia's lead anti-Semite in Mahmoud Khalil, the graduate who's currently in the custody of ICE. Craig Carton, Charles Gasparino, Ellie Cohanim, Peter King and Scott LoBaido join Sid on this hump day installment of Sid & Friends in the Morning. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

I. This is Sid and Friends in the morning.

0:03.8

How many of us have them? Friends, 77 W.A.B.C. I mean, if we're going to put somebody on Mount Rushmore,

0:12.4

let's get Sid Rosenberg on Mount Rushmore.

0:14.6

The pro-Palestinian protesters clashing with police in Lower Manhattan. The group started in

0:19.6

Washington Square Park and then moved towards City Hall.

0:22.5

They say they're marching in defiance of crackdowns on students across New York City.

0:26.5

All right, Foxwives, Lisa Evers, has been closely following what's happening and joins us live from

0:30.1

Washington Square Park with the latest.

0:31.8

Lisa.

0:32.3

Yes, Steve and Natasha, a lot happening on this issue here at Washington Square Park, which

0:36.4

you see right behind me,

0:43.5

hundreds of NYU students and others participated in a pro-Palestinian rally in support of Palestinian political activist and former Columbia graduate student, Mahmoud Khalil, who was in

0:49.4

ICE custody. Now, the rally that was here was very peaceful, but the group, part of the group that was here, went on down to City Hall, where they had skirmishes with police officers there.

1:00.3

And I just got confirmation from a law enforcement official that there were at least several people arrested in that skirmish with police.

1:07.8

Of course, this is an evolving situation and a developing story, so that number

1:12.1

may increase as the hours go on and they process, continue processing people. But it was an

1:18.2

ugly scene down at City Hall. Continued coverage on the tariffs imposed by President Trump,

1:23.6

the president doubling the aluminum and stills imports to 50%, which was set to take

1:29.6

effect. And Ontario suspends, it's 25% tariff on electricity. Natalie Kuchko talked with an economics

1:36.5

professor from RIT to get more on what all this could mean for the average consumer. So Natalie,

1:43.2

what did you find out?

1:47.9

Yes, so of course, as the stock market has only plunged in recent days,

...

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