Trump Sends Market INTO PANIC with his DISASTER WEEK

The MeidasTouch Podcast

MeidasTouch Network

News, Politics

4.9 • 56.4K Ratings

🗓️ 17 November 2024

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

MeidasTouch host Ben Meiselas reports on the market tanking because of Donald Trump’s erratic behavior this week. Smalls: Head to https://Smalls.com/MEIDAS and use promo code MEIDAS at checkout for 50% off your first order PLUS free shipping! Visit https://meidastouch.com for more! Join the MeidasTouch Patreon: https://Patreon.com/meidastouch Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	The markets as predicted are not reacting positively to Donald Trump being the president-elect
0:07.2	and his erratic behavior thus far as predicted.
0:11.2	We're now seeing that strategists are now lifting the probability of a recession taking
0:18.1	place to 75% after Donald Trump's win, and they are recommending that
0:25.0	people prepare and brace themselves for a recession.
0:29.2	Under President Biden, the S&P 500, and the stock market continue to hit record highs every
0:35.8	single day, or mostly every single day,
0:38.9	but now the S&P 500 is below where it opened
0:42.8	on November 6th.
0:44.2	Here's the headline from CNBC.
0:46.7	Stocks fall heading for a negative week
0:49.9	as post-election rally loses steam.
0:53.3	And you can see here the stock market really does not like Donald Trump.
0:57.5	You can see it going down, down, down, and down even more.
1:02.8	Now look, Elon Musk did say that if Donald Trump were to win, the people would suffer.
1:09.5	They would suffer hardship.
1:10.7	But Elon Musk said that
1:12.5	your suffering, that your hardship would be good in the long run. Well, that's not the case.
1:19.2	We were saying it was not the case. Elon Musk and his billionaire bros, they're making a lot more
1:24.7	money now while we, the people are suffering. At one point, the stock
1:28.5	market was almost down about a thousand points today. But look, when you fire half of all
1:33.7	federal employees in the current job market, as Donald Trump suggests, as you raise tariffs,
	...

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