Is the Sky Falling? Tariff Talk Tears Through the Stock Market

Is the Sky Falling? Tariff Talk Tears Through the Stock Market

Episode Transcript

Speaker 1 (00:00):
Rand Paul.

Speaker 2 (00:01):
Rand not short for Randy.

Speaker 1 (00:03):
A two rand What is is it? Randall? Did we
talk about this before? It is short for grand He
just took the g off of it Rand Paul. He's
a short guy. That wouldn't make any sense, Uh, Randall?
It is Randall, Randall with one L, Ron Paul, what
are you doing? Your name or your son with Randall
with one L doesn't make any sense? Rand short for

(00:25):
Randall but not Randy didn't want the Randy. Too many
guys named Randy that old Rand didn't want to be
associated with, Which is kind of interesting because there's that
whole bill that's going on. Did you hear this bill
that Ted Cruz has been pushing the uh where school

(00:45):
kids are being I gotta look at more information, but
basically halting people or young people from being able to
use like preferred names like school kids. IM being like, no,
I'm give me a weird name. I'm I'm doctor Gillicuddy.

(01:06):
Can't do that. That's that's what the push is. But
it's kind of rich coming from a guy named Ted
Cruz whose real name is come on, come on.

Speaker 2 (01:15):
It's not Theodore Nope, Raphael. Yeah, nice ninja turtle.

Speaker 1 (01:23):
I'm surprised by you. Good job, well done. AnyWho. Yeah, so,
I don't know. I just feel like there's you know,
of all the things that are going on here that
obviously is not incomplete context. But I just it's kind
of funny all the different guys in Congress that use
different names. Remember Mitch McConnell's real name, Remember is it

(01:44):
Susan or something like that? Addison Addison? Yeah, yeah, so
there you go.

Speaker 2 (01:51):
Good to see old Teddy's keeping tabs on. What's important
in life?

Speaker 1 (01:56):
Is your real name?

Speaker 2 (01:57):
Matt? Would it matter if it was?

Speaker 1 (01:59):
Well not in this business? You know how many guys
have changed their name in this business.

Speaker 3 (02:03):
I was.

Speaker 1 (02:04):
It was suggested to me early on that I should
change my name, like go buy a DJ name.

Speaker 2 (02:08):
What did you think? What were the options?

Speaker 1 (02:09):
I didn't. I didn't think about it. It was just
like that sounds dumb. I'm never gonna pick one. My
real name's Matthew, by the way, see preferred name. No, seriously, like,
what would I call myself? What do I even look like?

Speaker 4 (02:22):
Like?

Speaker 1 (02:22):
What's a fun name to say that I wouldn't have
gotten sick of because once you choose a name, You're
kind of stuck with it, aren't you. It's not It's
not like professional wrestling where you can just disappear for
six months to come back with a new name. It's
like like, if I picked the name early on that was,
I guess easier to say than a Marie Songer. Then
then what was like, You're kind of committed to that
for the rest of your life, aren't you? And then
how do I differentiate that? Am I? Am I just

(02:43):
that guy forever? You know what you could have done,
kept the E and the S, even the EM Emmett Smith.
I feel like that's already taken. Not in this world, no,
but I feel like there was a guy named Jerry
san Dusky, Jerry Sandusky with a G. He was the
play by play guy for the Baltimore with a G
Jerry with a G. So not only is he Jerry

(03:04):
with a G, which we already have feelings about, but
his name was Jerry Sandusky and he was the current
Baltimore Ravens radio play by play man. As the Jerry
Sandusky Penn State scandal was unfolding and poor Jerry with
the G was on social media and of course everybody
thinks it's him like, what do you do? What do
you do in that situation? And they asked him, have

(03:25):
you ever thought about changing your name in that situation?
He's built a career, The guy's built a career, and
they were like, would you ever change your name? He's like,
first of all, that'd be dumb for me to do.
Second of all, I want to do that to my father,
my entire family. What did we do to deserve this?
We did nothing, But I know Dad'd be tough. That'd
be tough. You don't want to be named after somebody
who's already famous. That's what I've learned. Anyway. Sorry, not

(03:49):
all of us can have first names like Rush, But
there you go.

Speaker 2 (03:52):
Was that his real first name?

Speaker 3 (03:54):
Umm?

Speaker 1 (03:55):
Yeah, because his dad's name was Rush I think yeah,
he's Rush Limbaugh the third technically, so that means there
were two other rush Limbas ahead of him and his family.
So yeah, now see Dad nailed that. Dad nailed that
one anyway, preferred name. If you could go by any
name in the world, one syllable, two syllables, would it
be short? Would you like to have something a little

(04:16):
bit wonky, something memorable? If the whole the whole boat
was available to you. I don't know. I tend to
feel like I already am. Naming my dogs was a
big enough problem. I could not possibly name myself anyway.
Tariff's tariffs spell tariff ta r iff? What word is
inside tariff?

Speaker 2 (04:37):
Riff?

Speaker 1 (04:37):
And tar yep? And what's tar backwards?

Speaker 4 (04:41):
Oh?

Speaker 1 (04:41):
Rat rat?

Speaker 2 (04:42):
You know what?

Speaker 1 (04:43):
A lot of people smelling rats right now? Did you
see the stock market today?

Speaker 5 (04:47):
Uh?

Speaker 1 (04:47):
Uh oh boy, oh boy, do not be checking that portfolio,
Matt Case. You think you wanted to retire in thirty years.
You're lucky, You're lucky. It's not in thirty days. Goodn't
imagine Heck in three years stock market not looking good?
How would you do your stock market report? Would you
do it in a sad voice? How would that work?

Speaker 2 (05:07):
I could try do like a sad violin in the background.
It would okay. So here's your Thursday edition of the
Bloomberg Report. That is that what we call it? No,
I don't think it. I don't think it. It's called
the Bloomberg bed in. The music is on Fridays when
we do the market.

Speaker 1 (05:27):
But here's their Thursday edition, your emergency Thursday stock market
edition with Matt case with a a a company meant
by who's a famous violinist, Lindsay Sterling.

Speaker 2 (05:40):
Well I found something different than violin You like this?

Speaker 1 (05:43):
Okay?

Speaker 2 (05:44):
All right, Well here we go, taking a look at
your stock report on a Thursday, April third, If everybody's
seated has a cold one next to him, Jones drops
fourteen hundred points oh, four hundred and thirty two thirty

(06:06):
one point three six. That's a minus three point thirty
nine percent drop to finish off the day at forty thousand,
nine hundred seven hundred. Who cares, it's in pete five
hundred down about two? Was that two forty one? And
it's almost negative four and a half. So, oh no,

(06:26):
you got that going for US and the Nasdaq. Wait, no,
this isn't finished. They're still dropping. Oh they just moved
down a scoche. The Nasdaq was down a cool nine
hundred and whoop, just moved up a little bit nine
hundred and forty two. Now that's minus five.

Speaker 1 (06:43):
This is a dangerous game to be playing while the
markets are still open, is what you're saying. Yeah, wow,
that was that was tough. Are you okay? Oh for sure?

Speaker 2 (06:50):
Yeah, I don't really have much money to my name,
nor do I have a whole lot in the stock market.
So I just kind of I watch it burn and
I don't laugh. I don't cry. I just shrug.

Speaker 1 (07:01):
Well, if you're laughing, you're crying, you're shrugging. I'd love
to hear from you today. All you gotta do is
call in four roh two five five eight eleven ten.
Four oh two five five eight eleven ten. We got
a pretty full show, pretty busy show. Mayor Jeans Southery'
supposed to join us about four thirty today on the
heels of the UH primary victory on Tuesday, and then
we'll talk super Nova's volleyball this week. May have tickets

(07:23):
to give away. Wink Andy Wink, wink. And we have
Marty Cordero from the Stormchasers and Union Omaha sets to
join us as well this afternoon. It's going to be fun,
it's going to be exciting. But I want you to
tell me about how you're feeling with your stock market,
how you're feeling twenty four hours after seeing all this
tariff stuff go down. Four h two five five eight
eleven ten. News Radio eleven ten kfab em Marie Songer

(07:45):
on News Radio eleven ten KFAB. It's great to be
able to connect with these people and we're really thankful
for them to be part of our program. Any given
time you over there, nobody called. Why do you think
that you think nobody's really sweating?

Speaker 2 (08:02):
Well, how opinionated do you want me to get? We
got a couple trolls, but I don't think people really
call in when it's not great news.

Speaker 1 (08:09):
Well, it's not great news today. The real question is
because the stock market. You know, we've had bad days
on the stock market in the past. The real question
is what's the stock market looks like tomorrow or in
a week or ten days from now, or a couple
of weeks from now, a month from now, or six
months from now. Is if it's still bad news, then

(08:29):
I think there's going to be some heck to pay
in a lot of ways. And you got to keep
in mind, and this isn't trying to trigger people into calling,
because you know that's not what we do. We're not
trigger types. We're honest types. We want to talk about
how we feel about certain things when things happen, and
in a scenario like this where things are coming backward,

(08:52):
just a hair you got to keep in mind that
there are going to be people on the political left
that says, this is what you voted for. You're paying
more money here, You're paying more money at the gas pump. Potentially,
you could be paying more money for your cars. You're
gonna pay more money for your laptops and your TVs.
You got a lot of different things across the board

(09:14):
that you can look at. So I don't know. Adam
emails it and says, I think Rand Paul voted to
repeal the tariffs because he puts his principles above all else,
including the country, which is why Republicans have a hard
time towing the line when they need to. This is
not a defense of his vote. I disagree with it.

(09:34):
To repeal the tariffs would be like getting your butt
kicked in an MMA fight and deciding you'll continue to
follow boxing rules. This isn't great school. You have to
play by the dirtiest rules of your opponent if you
want to win in the real world. Well, Adam, I
think that's actually very very good analysis. If you are
Rand Paul for any given reason in this scenario, why,

(09:57):
I mean, he has been as transparent about how he
feels about stuff as anybody in Congress has been, probably
since he's been there, and he has no problem going
back and forth talking about different things. I remember, you know,
just a few weeks ago, he was pretty open about
why he felt like RFK Junior questioning vaccinations and its

(10:17):
relation to autism. He was like, Hey, this is something
that we don't have definitive proof that it doesn't happen,
So why is he a villain for just asking the questions?
It's a fair, fair point, it's a fair point. Rand
Paul has been like that. Ran Paul in the twenty
sixteen presidential primary race. If you go back, the one

(10:37):
thing that he was saying louder than anybody was we
need term limits in Congress. This was almost a decade ago.
Now Ran Paul said this he was in Congress. So
I don't know. I think I tend to respect what
ran Paul has to say, even though, as Adam said,
you can be disagreeable with it in terms of why
this is happening. Basically to show everybody, hey, you're not

(10:57):
going to keep getting away with having trade deals like
this with us. You're gonna have to make some amends
to what we've got going on. Smitty's on our phone
line A four O two five five eight eleven ten.
We're talking stock market, we're talking the tariffs as well, Smitty,
what do you think about.

Speaker 3 (11:10):
This and so many things?

Speaker 5 (11:12):
Uh?

Speaker 3 (11:13):
I guess I just must be that that wonders. Uh,
that's the odd cog because uh, uh as as you
might understand, it's a terrorists. Uh, they're not going to
affect you if you're not spending money, if you if
you're sort of sort of not buying the nicer car
right now, not making large expenditures. I mean, okay, gas gas.

(11:34):
Look at what tax is already on gas. Don't get
me started on tax. But you know, right now we
need to settle up with the other nations and other countries.
Let them know that, hey, it's a new it's a
it's a new it's a new day. We need to
we need to make things fare for Americans. I mean,
we've been we've been saddled with the debt that's going

(11:55):
to pass down to our great grandchildren. And uh, if
somebody's got to pull the plug on this, let's let's
let's let's get get it straight.

Speaker 1 (12:03):
Yeah, Smitty, I think that's one good piece of advice
for people in the United States might be best just
to wait this out for a few days and kind
of see if it settles a little bit, or if
other countries start to cave with what their tariffs look
like in the United States could kind of pair those down.
And we're not even exactly sure how this is going
to affect all the different types of products that you
can buy here. It's gonna take a little bit for that,

(12:23):
So sitting on the money might not be a bad idea.
I appreciate the call today.

Speaker 3 (12:28):
Yeah, and we could do it.

Speaker 1 (12:30):
Yeah, I mean it's not He's right. I mean, it's
not impossible unless you know, you wreck your car tomorrow
and you're gonna need to use that insurance money to
buy a new one, and all of a sudden, maybe
some stuff that you might have a week ago gotten
affordably doesn't seem like. Maybe that's not the case. Maybe
it's gonna be a little bit more expensive, and then

(12:50):
it sure as my don't cover.

Speaker 2 (12:52):
It isn't re ret gonna go up because everything else
costs more too. I'm just I'm just I mean, putting
this thing out.

Speaker 1 (12:57):
It's capitalism. Yeah, it's just capitalism, right, And when everything
gets more expensive. That would be a natural reaction.

Speaker 2 (13:03):
Building costs, yeah, go up, then housing costs go up,
then rent goes up. So I don't know how you're
gonna avoid well.

Speaker 1 (13:10):
Yeah, but I mean, I think what he is talking
about is like bigger purchases that are not like just
to keep yourself alive.

Speaker 2 (13:16):
The biggest purchase I make to keep myself alive is rent,
and it's the biggest pursase purchase I make every month regardless.

Speaker 1 (13:22):
Yeah, I mean, and I bet that's it's like that
for a lot of people in a lot of ways. Uh, Billy,
it's on a phone line, Billy, welcome to the show today.
What's on your mind?

Speaker 4 (13:31):
I would just like you to tell me which stock
you select that is going low start buy in?

Speaker 1 (13:37):
So so you're you're you're saying, Billy, and it's emmory
by the way, if you uh, it's okay you uh?
If I mean, do you have one in mind? You know,
I know a lot of people kind of eyeballing that
test Lia stock before all this happened. Uh is there
are you just saying feel one out or maybe get
with the financial advisor and say, hey, like start loading

(13:58):
in because you're expecting a rebound.

Speaker 4 (14:01):
A financial advisor or somebody that knows what they're talking about.
I mean, heck, maybe when your listeners no good stock,
so then stuff starts going lower, get better than the
body because it pops back up again and everything starts
recovering where it should be at if you bought low
and well you know how it goes.

Speaker 1 (14:17):
Yeah, I mean yeah, I mean you're going to be
seeing immediate dividends on that if it rebounds at any
point within the next couple of months, and if you
hold on to it even longer than that, you could
reap major, major benefits. Billy, I know there are a
lot of people thinking like you today. I appreciate the call.

Speaker 4 (14:31):
Thank you.

Speaker 1 (14:32):
All right, what do you think you and me you
want to go havesis on a stock? What stock cost
one hundred dollars that you and make go go? Have
these stocks that cost one hundred dollars. Let's see here
one hundred dollars stocks. No, I searched this and it's
just like, here's what to do with one hundred dollars.

(14:53):
If you're going to invest in the stock market, I
want a stock that costs exactly one hundred dollars. That's
what I want. What do you think you want to?
You wanna go have these on? Oh let's see here.
Oh gosh, there are there are a lot of stocks
that you can buy for less than ten dollars. Did
you know that? Is that a good idea to buy
a stock that cheap?

Speaker 2 (15:11):
What if it goes up?

Speaker 1 (15:12):
So let's say you buy like a three dollars stock
and you buy like thirty of them. Thirty three dollars
stocks would be ninety dollars, So you got ninety dollars
into this. And if this stock goes up by one dollar,
which is a thirty three percent game, which is a lot.
I mean, it'd be hard pressed to figure out if
that were the case. But if that would have happened,

(15:32):
you would stand to gain thirty three dollars on your
investment immediately, or thirty dollars immediately on your investment. So
you make a ninety dollars investment and you get thirty
dollars right away. I mean that's pretty good. You just
would hope that that growth happens and you have a
ton of the different stocks. I don't know, here's one
for ninety nine dollars right now, Deckers Outdoor Corporation. Have

(15:53):
you heard that? Oh yeah, I'm a big fan of
Deckers Deckers Outdoor Corporation.

Speaker 2 (15:57):
They're always doing all that outdoor stuff and I'm a fan.

Speaker 1 (15:59):
Of It's apparently going very well right now. So if
that may not be the right one to buy, because
it's already going green. So yeah, either way, find a
financial advice. Don't take any advice from me. I don't
know what I'm doing. I can really get myself dressed
in the morning. To twenty eight we'll have more of
this if you want to call in, I'd love to
hear from you. At four oh two, five, five, eight
to eleven ten. Tariff talk in the fallout on the

(16:22):
stock market the day after right here on news Radio
eleven ten, Kfab and Marie Sung Today it's stock market
and red red, Red Baby, you're seeing red out there.
We're talking to you about what you think about this?
Four roh two five five eight to eleven ten. Is
that number? Dale is on the phone line? Welcome in Dale,
How you feel.

Speaker 6 (16:44):
Very thank you for taking my call. I think this
is a very important subject because everybody, whether they know
it or not, they've got bloody in the stock market,
whether it be your borrowin k or your IRA or
your pension. But the thing is, you know, you really
haven't lost any money if you don't sell it. If

(17:04):
you keep it and hang on to it and wait
for the correction, things will eventually get better.

Speaker 1 (17:10):
Yeah, that's a good point.

Speaker 6 (17:13):
I really believe that. I think the best stock for
you to buy right now would be fruit of a looney.
Why and the reason why I think that would be
a good stock for youse because if if you do
take it in the shorts, at least you got foot
of alone to back you up. Just just you know

(17:33):
how what they say egal matters.

Speaker 1 (17:36):
Oh there it is, there you go. Hey, Uh, everybody
needs a little bit of a little bit of brain.
Brainiacts working on the Finkle matter. That's that's correct, Dale.
I'm glad that you brought that up. I might have
to look into that stock. Appreciate it. Take care, have
a good day you too. We did find out that
women's underpants are chiefly made in Sri Lanka apparently, so

(17:58):
I'm not making that up. You're supposed to agree with me,
so people don't think I'm a weirdo. They may not
have heard us talking about yesterday. Maybe I just want
to make people think you're awardo. I'm not a weirdo,
though that's true. You said the top two things is
Sri Lanka who was now is a forty four percent
tariff on him. The top two things that Sri Lanka
exports to the United States are what what was it

(18:18):
knitted or it wasn't knitted, it was something else. It
was something women's underwear and then other women's underwear, whatever
it was. I don't know, but that's that's what we're
buying in the billions from Sri Lanka, where.

Speaker 2 (18:31):
They're about to get a lot more expensive.

Speaker 1 (18:33):
Or you could just buy a underwear from someone else.
I'm sure sure that they make underwear in other places.

Speaker 2 (18:37):
And you know how this works, Emery underwear prices go up,
people stop buying taco Bell, the whole economy crumbles. What's next?
Cottonell shares down. People aren't buying that anymore.

Speaker 1 (18:55):
Oh gosh, Oh, dude, wipes in trouble, big time, big
time trouble. Dan's on the phone line of four h two, five, five,
eight to eleven ten. Dan, Yeah, what are you thinking
about today?

Speaker 7 (19:06):
You're asking a cheap stocks we're investing into. And one
of my biggest regrets was in around twenty twelve, Monster
Energy was selling for about seventy five cents a share.
It was like the seventy pers of share and now
was hanging tired about sixty. But yeah, that's a dramatic change.
That was one of my biggest regrets was out buying
Monster when it first Yeah.

Speaker 1 (19:26):
Now see, yeah, and I don't want dan hindsight is
like twenty twenty on this stuff obsolutely, But you know,
it is kind of interesting if you think you kind
of got a hunch on something or you're paying close attention,
like that stock I pulled out of nowhere, that Decker's
Outdoor Corporation, Matt. The one year forecast is they think
it could potentially get close to doubling in price. If

(19:47):
we buy a stock right now, there's a chance that
maybe it goes up by double, you know, so.

Speaker 7 (19:52):
Definitely got to do your research when you do that.

Speaker 1 (19:54):
Well, that's what I'm saying. It was like that forecast
could change and go to the complete opposite direction in like
what six hours.

Speaker 2 (20:00):
You know, it's just a.

Speaker 7 (20:01):
Call the blake of an eye.

Speaker 1 (20:02):
Yeah, it's a dangerous game. To get yourself involved in
if you don't know what you're doing, that's for sure. Dan,
good stuff, Thanks for the call.

Speaker 7 (20:08):
Today, Good luck of play long.

Speaker 1 (20:10):
Thank yeah, thanks. I'm saying you and me, you know
what we should do instead of buying each other ole
milk cream pies and guardettos, we should buy one of
these tiny little stocks and see what happens. Maybe we
out of nowhere, we have an empire, and then we
can own this radio station, and then we can do
whatever we want. A lot more fart jokes. That's what
we would do.

Speaker 2 (20:28):
That's what makes the people happy.

Speaker 1 (20:30):
Brian's on a full end four two, five, five, eight,
eleven ten. Brian, welcome in. What are you thinking about today?

Speaker 8 (20:35):
Well, it's the largest text increase in US history. It's
been tried before in the nineteen twenties, in the eighteen twenties.
In the nineteen twenties with the smooth Holly Terr effect
came in after the market started crashing, but they were
patting the tariffs and so sales. That's surely one will
pay even if they buy things made here. There was

(20:57):
a very farmer on Fox News happy that he was
going to be able to charge more for his barries
not competing.

Speaker 9 (21:02):
Against foreign berries.

Speaker 8 (21:05):
And yeah, I've still got that little bit in for
a stock because I expect the markets to go really low,
and I do believe the sun will come out tomorrow maybe,
and by tomorrow, I mean maybe in a few years.
It could happen faster if the House under speak to
Mike Johnson were to vote to take away Trump's emergency
powers to impose tariffs. But he's not going to do that.

(21:27):
And you mentioned the tariffs being reciprocal, Well, we're not
reciprocal at all. What they're doing is taking the trade
imbalance and then messing with the numbers on that, and
that's how they're coming up with the what they're saying
that are the countries like the European Unions and charging
is thirty nine percent tariffs. It's all made up numbers.
So yeah, that's why I think about that.

Speaker 1 (21:46):
Well, Brian, you know, I totally respect. Then there are
a lot of people saying exactly what you're saying today.
It's one of those things that if it lasts for
a while, we'll have to just see how it plays out.
Because I think, like you mentioned, there are some similar
cases of similar things happening within the economy, from the
government on down. But this is just such a different

(22:07):
environment that we're existing in now. I don't think that
anybody's got a crystal ball. What I think it is
most likely to happen here is more than anything, hoping
that people get to the negotiating table and they pare
down their own tariffs. We pare down those tariffs, and
we're kind of back to where we started as far
as our tariffs are concerned, except we're not getting tariffed
as much when we go overseas. I don't know what

(22:29):
that I don't know what that looks like, and I
don't know what these other countries will. I had a
guy on my morning show today call in and say
something like, we think that the United States, you know,
like the United States, they need us, like China is
like the only country that doesn't need us in some
way as far as what we export. I don't know
how accurate that is. I'm sure that if you got

(22:49):
real creative, you can probably find other countries that could
bridge a few of these gaps across the board. But
I mean, time is going to tell on this. I
just know that I'm far away from needing to pull
my rolling k out, and I'll be honestly not looking
at today. I never look at it anyway, even on
a good day. Is I don't look at it? What's
the point? That's the point. I don't know. Why would

(23:09):
I like ruin my day by looking at it? That's
what I want to know. Two forty five is the
time we got more coming up. Stick with US news
Radio eleven ten KFA. B Emri Sungner on news Radio
eleven ten KFAB. We can just talk about all the
things that could potentially happen. One thing we do see
happening is a big sell off on Wall Street the

(23:31):
stock markets. We do we may have to update those
numbers at some point with the sad SpongeBob music at
some point. But yeah, it's just not a great day
for the stocks. We'll find out. Sam's on the phone
line to talk about it, though, and we want to
talk to you four h two five, five, eight to
eleven ten Sam, what's on the mind? When on your
mind today? That's what I meant to say.

Speaker 9 (23:50):
Oh, which brain cell? Yeah, on the stock talk thing here.
You know, I've never been an investor. I'm not involved
with the stock market although I have many friends that
have been over the years, and it seems like a
common sense investment move to me at this time. If
I had the money to put in the stocks, I

(24:11):
would look at the supporting companies for energy mining companies,
whether it's coal or iron ore or aluminum manufacturing, oil
and gas, Haliburton, Slumberjack, and some of these other companies
that support these people. Anybody that builds a pipeline, if

(24:32):
you put money in that for a five or ten
year investment, I would think just logically, the way things
I believe are going to move would be a good
move and make some money for somebody.

Speaker 1 (24:43):
Yeah, And I mean that's the one thing, you know,
I'm no expert on this stuff either, so I'm sure
that you know, talking to your financial advisors the best
plan of action. But when you see it all this red,
I mean that is just the first inclination. It's just like, man,
some of this stuff is going to pick back up,
and you think sooner rather than later. And especially in
the sectors talking about there, Sam, there's a really good
chance that you're going to see a solid rebound, you know,

(25:05):
over time. It may not be like an immediate uh,
you know, like payoff, but you have to be thoughtful.
This isn't day trading that we're doing here. We're trying
to you know, making money over the long haul. And
I think the markets could be favorable for that if
you're looking at them the right way. We'll have to see, though.
I appreciate the call, though, man, thanks for listening. Yeah,
Terry's on a phone line four two, five, five, eight
eleven ten. What's say you, Terry?

Speaker 5 (25:26):
Well, I want to talk about the tariffs. I think
it's a good idea. Long it's going to be short
term pain. Any time you change something, if you're a
model your kitchen, it's a paint of the butt for
a while, but when you're done, you get a better product. Sure,
and I believe that's the same way is going to
happen with a tariffs. Uh. It's just sip for economy
because you make it where it's possible to make something here. Uh,

(25:48):
people going to start making It's going they start making it.
They're going to go back because you're going to hire people.
You're going to build more gas stations to build those
people's cars. It's just the fly tide economics all the
way through work and of course it's going to be.
Like I said, any time you change eating system, their
ta mm hmm.

Speaker 1 (26:08):
Yeah, yeah, No, it makes a lot of sense, Terry,
And you know, it's one of those things you just
have to swallow it for a few days and kind
of see where things are going. I appreciate it. Thanks
for listening to us. Well, I thinks, okay, yeah, I
don't know if you're if you're capable or you know,
in a good position to be able to do that.
You know, that's one thing that I'm appreciative of what

(26:31):
we got going on in our country, is that we
have so many different ways to digest and interpret this stuff.
But sometimes it's gonna be uh, you know, I think
there's a real shot for this to turn out really
well for the United States, and it might be sooner
rather than later. That's what I have to say. Uh,
Mark's on the phone line four two, five, five, eight

(26:53):
to eleven ten. What say you today? Mark?

Speaker 10 (26:55):
Hey, right, thanks for taking my call. I'll take a
little different point of view. I I think, you know
terrorists historically or I mean, it's a tax, it's it's inflationary,
and I just get a kick out of the people
that really don't know too much about the economy. The
hope springs eternal that they're still believing this guy that

(27:16):
things are going to improve. What's going to happen is
inflation's going to ramp up. And when inflation ramps up,
we're gonna we're going to kick ourselves into a recession.
And I personally don't think we've even seen the tip
of the iceberg yet. I think I think it's going
to be rough until he then backs down to terraffs,

(27:37):
which he probably will, because things are going to, you know,
continue to tumble, and by backing them down, you really
haven't accomplished anything except causing chaos.

Speaker 1 (27:46):
Yeah, well, what if, I guess, Mark, my my my
thing on that would be if other markets or other
countries kind of respond and say, Okay, if you back
yours down, will back ours down. That would be something
to be gained for for people who are exporting from
our country.

Speaker 10 (28:00):
Right, But that's that's not going to happen. The other
countries are going to retaliate no matter what.

Speaker 1 (28:06):
He said, right Mark, who needs who more? I guess
would be my thing. I mean, the United States is
at worst number two for a lot of countries. In
who they go for for resources. They may have Rush
or China, But outside of those two in regionally, you know,
that's some of those neighboring countries are very dependent on

(28:27):
those countries. But the United States is right there on
almost every possible level in sector. So I mean that
would be my thing. Can we live without the underwear
from Sri Lanka? I think we can. Can we live
without some of the watches that are made in Switzerland,
I think we can. But can these countries live without
the stuff that the United States provides for them, whether
it's agriculture, whether it's anything in our automotive sector. Like,

(28:49):
that's what I'm saying, you know what I mean.

Speaker 10 (28:51):
I understand you're saying, But what was the need for
the terrorists? Inflation was coming down, We're almost at full employment,
the stock market was fantastic. There was no need for
any of these tariffs because there was a good trade
balance going into this. I mean, I mean, we've had
four years of prosperity without these tariffs. They're they're accomplishing

(29:13):
absolutely nothing except chaos.

Speaker 1 (29:16):
Well, they definitely are creating chaos one way or another,
and I guess we'll have.

Speaker 10 (29:20):
To And why did we need him in the first place,
well except it was a he was he was spouting
off in the election.

Speaker 1 (29:26):
I'm run out of time, Mark, I gotta i gotta
finish up here. But I appreciate the call today. The
only thing that I have to say on that front
is we're not going to know how how successful this
is until we give it time. I mean, there's just
like day later, I'm not going to be able to
tell you that it was success or bad. It looks
not great right now. Obviously it does it, but that
doesn't mean that it's you know, in a week's time
or a month's time, it's not going to look better.

(29:47):
We'll talk more about this, and we got plenty coming
up right here on News Radio eleventh in kfa B