How Trump’s Unpredictability Is Hurting the Markets

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0:31members of the Board of Trustees, including Martin Luther King Sr. It's the true story of protest and rebellion in Black American history that you'll never forget. I'm Hans Charles. I'm Menelik Lumumba. Listen to The A-Building on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Black history lives in our stories, our culture, and the conversations we still have in today. This Black History Month, the podcast I Didn't Know, Maybe You Didn't Either, digs into the moments, perspectives, and experiences that don't always make the textbook. Let me tell you about Garrett Morgan.

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3:17Going back to this market thing, before we go to the next topic, it's one of these things that I didn't think that Trump was going to be the best person for the economy. And when I said that the day before the election and pretty much got crucified, it's not, I have no allegiance to a political party, but it's one thing that kind of made me leery about Trump is that he's uncertain. so there's a reason why most most before that you wouldn't know that now but most of the fortune 500 companies and hedge funds and all that they really wanted kamala to win once they saw that she had no chance of winning then they then they switched pivot but um the reason why is that these guys like to know what's going on and when we was in san francisco i met a top executive at one of the fortune 500 companies and he told me that you know life has been difficult for him because um uncertainty he's like he's never seen so much uncertainty as far as like one day there's terrorists one day there's not terrorists one day there's regulation and he was like you know if you know the rules of the game you can play it but if the rules of the game changes every single day that that becomes difficult markets don't like radical behavior yeah they like they like the regular standard vanilla we know we're gonna get we know what your foreign policy is we know that you're going to be hard on this industry okay cool we can navigate that Trump is the exact opposite of that you don't know what he's going to do he's extremely unpredictable and often he changes course a lot so yeah I mean the long haul market will be fine but we do have to have some level of honest conversation that he is a catalyst for some of this because his behavior is extremely erratic and that's causing certain uncertainty in global markets american markets companies governments and that's choppy it's choppy waters yeah you're right like i said like one day it's a tariff on this country and then i'm gonna give you 30 days to figure that out but these things affect multiple places right so if you're if you're talking about china having taxes on time well they're going to retaliate if enough countries start retaliating that's that affects business everywhere um and i that's i'm glad you brought that conversation up it was like when i don't know what's going to happen tomorrow it's tough to prepare for it and so you try to prepare for it and then it changes right like one day it's like hey if you don't show me your work by the end of the week don't come to work on monday huh like with then you get an email saying That's too aggressive of a cut.

5:56Yes. I get it. And if we go back to COVID, them cutting certain departments led to the mismanagement of the COVID virus. Yeah. Some may say the same thing about the FAA. For sure. An illegal alien from Guatemala charged with raping a child in Massachusetts. An MS-13 gang member from El Salvador accused of murdering a Texas man. A Venezuelan charged with filming and selling child pornography in Michigan. These are just some of the heinous migrant criminals caught because of President Donald J. Trump's leadership. I'm Kristi Noem, the United States Secretary of Homeland Security. Under President Trump, attempted illegal border crossings are at the lowest levels ever recorded.

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7:24Jackson, locked up the members of the Board of Trustees, including Martin Luther King Sr. It's the true story of protest and rebellion in Black American history that you'll never forget. I'm Hans Charles. I'm Menelik Lumumba. Listen to The A-Building on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts. Black history lives in our stories, our culture, and the conversations we still having today. This Black History Month, the podcast I Didn't Know, Maybe You Didn't Either, digs into the moments, perspectives, and experiences that don't always make the textbook. Let me tell you about Garrett Morgan.

8:02Bruh had to pretend he didn't even exist just to sell his own invention. Listen to I Didn't Know, Maybe You Didn't Either from the Black Effect Podcast Network on the iHeartRadio app, Apple Podcasts, or simply wherever you get your podcasts. No. This is Ryder Strong, and I have a new podcast called The Red Weather. In 1995, my neighbor, Anna Traynor, disappeared from a commune. It was nature and trees and praying and drugs. No, I am not your guru. Back then, I lied to everybody. They have had this case for 30 years. I'm going back to my hometown to uncover the truth. Listen to The Red Weather on the iHeartRadio app, Apple Podcasts, or wherever you get your podcasts.

8:50This is an iHeart Podcast. Guaranteed human.