meta_pixel
Tapesearch Logo
Log in
Wall Street Breakfast

Tariff D-Day arrives as stagflation fears rise

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 30 March 2025

⏱️ 6 minutes

🧾️ Download transcript

Summary

Wall Street waits for the big tariff announcements on Wednesday. (0:18) Tariff cheat sheet. (2?17) Musk’s xAI acquires Musk’s X. (4:29)

Show Notes
Earnings Calendar
Dividend Roundup

Episode transcripts: seekingalpha.com/wsb
Sign up for our daily newsletter here and for full access to analyst ratings, stock quant scores, dividend grades, subscribe to Seeking Alpha Premium at seekingalpha.com/subscriptions.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's

0:09.9

market-moving events, along with the weekend's top news and analysis.

0:14.3

Hello, today is Sunday, March 30th, and I'm your host, Kim Con.

0:18.0

It's not often that something can dwarf the jobs report on Wall Street,

0:21.4

but the administration's global tariff announcements on Wednesday will almost certainly drive

0:25.7

direction. Tariff Tuesday would have had a better ring to it, but the fact that Tuesday is also

0:30.3

April Fool's Day probably had something to do with White House planning. For his part,

0:34.4

President Trump is calling Wednesday Liberation Day.

0:41.3

But liberation rhymes with stagflation, the other word on the lips of traders.

0:46.7

Numerous strategist Charlie McGillicott says, in light of recent shorter-term inflation data,

0:53.1

we too are seeing a local stagflation theme as the diciness of Trump's phase one growth-negative policy makes risks pulling sentiment slash consumer into an even more precarious place.

0:59.2

Pepperstone's Khazar Elizundia says,

1:01.5

the combination of inflationary pressures, economic slowdown,

1:04.8

and rising trade tensions creates a challenging environment for equities.

1:08.7

Overall, current conditions point toward a concerning scenario

1:11.7

with signs of stagflation, that slow economic growth coupled with persistent inflation and a

1:17.1

rapidly deteriorating economic sentiment. So, what can investors expect on Wednesday? The experts

1:22.7

agree, who knows? Wells Fargo economists say, even as next week may bring some more answers around coming tariffs,

1:29.7

trade-related uncertainty will likely persist as these policies take time to be enacted,

1:34.5

are negotiated, and potentially even scale back. It will also take time to see how tariffs

1:39.5

indent growth and drive inflation, as uncertainty is causing most businesses to sit and await clarification.

1:46.0

This was evident in fresh durable goods data this week, which showed a stable but hesitant

...

Please login to see the full transcript.

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

Generated transcripts are the property of Seeking Alpha and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.