The Trump Trade

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 9 November 2024

⏱️ 51 minutes

🔗️ Recording | iTunes | RSS

🧾️ 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 Learn more about your ad choices. Visit megaphone.fm/adchoices

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.
0:26.5	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.
0:31.7	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
0:56.7	or perceived underdog Reddit, which is having a really good year.
1:02.3	So I want to talk about that.
1:04.3	If you are Slate Plus member, we also will have a bonus segment that you can see in your feed.
1:24.0	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.
1:33.1	That's all coming up on Slate Money. This podcast is brought to you by Progressive Insurance.
1:36.7	Do you ever think about switching insurance companies to see if you could save some cash?
1:41.2	Progressive makes it easy.
1:42.6	Just drop in some details about yourself and see if you're
	...

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