On "What's Moving Your Money with Spencer Hakimian," Spencer discusses the effect of President Trump's tariffs on the economy for the rest of the year, which set an average American tariff rate of roughly 17 percent, and what this means for both the "old" and "new" economies.
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0:00 - Introduction: The Old Economy vs. The New Economy
0:34 - The New Reality: A 17% Average Tariff Rate
1:44 - The PROS: How the AI Revolution is Powering the Economy
4:10 - The Shocking Stat: AI's Outsized Impact on Growth
5:04 - The CONS (Part 1): The Frozen Housing Market
7:00 - The CONS (Part 2): The Slowing Job Market
9:02 - The Historical Pattern of a Jobs Slowdown
11:15 - The Market Reacts: A Great Economic Bifurcation
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