The Trump Trade
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 9 November 2024
⏱️ 44 minutes
🧾️ Download transcript
Summary
This week: The markets had a big reaction to Trump’s win. Emily Peck, Elizabeth Spiers, and Anna Szymanski discuss what traders are actually betting on and how a Trump economy will affect consumers. Then, Anna breaks down the collapse of Germany’s government and what it means for Europe’s economy. Also: Reddit stock is doing great. But why is it still so popular? The hosts discuss the refreshing relatability and searchability that has kept the platform on top.
In the Plus episode: After a week of anxiety, doomscrolling, and disappointment, the hosts discuss what they’re doing to distract themselves from the news.
Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen.
Podcast production by Jesssamine Molli and Cheyna Roth
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Hello and welcome to Slate Money, your guide to the business and finance news of the week. |
| 0:15.6 | I'm Emily Peck, and I'm here with Elizabeth Spires of the New York Times and Slate. |
| 0:20.3 | Hello. |
| 0:21.1 | And in for Felix Salmon is the wonderful Anna Shamansky of Reuters. |
| 0:26.0 | Hey, Anna. |
| 0:26.6 | Hello. |
| 0:27.4 | You know, it was a real struggle to find news to talk about this week. |
| 0:30.3 | I don't know. |
| 0:30.9 | Not much really happened. |
| 0:31.8 | Nothing happened. |
| 0:32.7 | No, today we are, we are going to talk about the election and the Trump trade, how the markets responded |
| 0:39.1 | to Trump's win, and we will talk about Germany because they're melting down, apparently, |
| 0:48.4 | and is going to fill us in on the situation. And in our final segment, we are going to look at |
| 0:53.3 | one of the underdog social media sites, |
| 0:57.3 | or perceived underdog, Reddit, which is having a really good year. |
| 1:02.3 | So I want to talk about that. |
| 1:03.9 | If you are a Slate Plus member, we also will have a bonus segment that you can see in your feed. |
| 1:11.1 | We are going to talk about things that distract us, things that we use to keep us sort of entertained and occupied when we feel like we need to take a break from the news. |
| 1:24.3 | That's all coming up on Slate Money. |
| 1:40.5 | Last week, we talked about what could happen if Trump won the election, and then, as so happens, this week, Trump won the election. |
| 1:47.1 | So I guess I don't want to get too much into politics. Slate has a political gab fest. I wanted to talk a little bit about what happened the day after election day in the |
| 1:52.8 | markets, because it seems like the markets, the stock market at least, really was very excited about |
... |
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