April 22, 2025 • 7 mins
Chris rips into Trump’s tariff-driven market chaos, with the Dow Jones facing its worst April since 1932. Comparing Trump’s team to trash-talking athletes, he slams their “Art of the Deal” narrative as a con, citing massive stock market losses outstripping the trade deficit, soaring bond yields, and small business panic. Markowski calls out Fox News’ Grant Cardone for downplaying 401(k) devastation and demands a swift tariff walk-back, warning that Trump’s negotiating bluster is no scoreboard victory. www.watchdogonwallstreet.com
Mark as Played
Transcript
Episode Transcript
Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:00):
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact that we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
It was never into end zone dancing, spike into football
sack dances or anything like that scoreboard anyway. But I
used to play sports, there would be always the the
trash talker out there or you know it was. It
was a lot a lot more rare, quite frankly, when
(00:37):
I used to play than when it is today. Now. Actually,
they encourage it now. You know. The stuff that they
allow now at NFL games and whatnot is you know,
you know, you get a flag back and then even
baseball for crying out loud, you know, hitting a home
run or getting it, you know, and watching it and
walk into first base. Yeah, begging you were going to
(01:00):
get a ball in your ear if you did something
like that. You just didn't do that. But again, that's
what they encourage. I don't agree with it, whatever it
may be. And again, any of the teams that I coach,
now now you're not doing that. I always like the
guys that you know, act as if you do it
all the time. I had to do it all the time.
(01:22):
And Marvin Harrison, he would hand the ball to the
referee after he scored a touch on Barry Sanders, the
greatest running backs of all time, a bunch of them. You
have to show up, you know, Like I said, this
is what I do, this is what I'm paid to do.
I don't have to draw extra attention to myself anyway.
One of the ways to get back if you wanted to, okay,
(01:45):
if someone started talking to you and you win the game,
he just said, scoreboard to the scoreboard. I've used this before.
It's the line from great football coach Bill Parcells. You
you are what your record says. You are. One of
(02:05):
the things that people love about sports. They love about that,
the meritocracy that's out there, scoreboard, who's winning, who's losing. Well,
The Dow is headed for the worst April since nineteen
(02:30):
thirty two. Since nineteen thirty two. This month, we have
seen valuation moves, as in market valuation moves on a
regular basis that were the basically the same valuation as
the stock marks could crash back in nineteen eighty seven,
(02:53):
that trade deficit that Donald Trump keeps talking about there
with Pete Navarro and his gang of Marriora DUFs. Yeah, yeah,
we lost more in stock market valuation on Monday. It's
happened a bunch of times this past month than the
entire trade deficit scoreboard. You want the score, that's the score,
(03:23):
that's the reality. And again to watch these people out there.
I had this video sent to me and I've I've
ripped on this guy before. He's a he's a con man.
He's a con man, but he spends a lot of
money in advertising real estate. Con man. Grant Cardon, Grant Cardon,
(03:45):
Oh yeah he was again. They had to book him,
book him on Laura Ingram yesterday because there's Laura with
a big shit eating grin on her faith. Hey we
love Trump. Yeah, Daddy Trump can do it. And Cardon
goes on there and he's just starts talking trash. If
you're worried about your four oh one k or Ira,
(04:06):
just step aside. This is not the time for Monday quarterbacking.
You're not in the game, President Trump. Is what he
went on saying, these other things about traders and commissions
and all this other stuff. Grant Wall Street's printing money
with all this volatility, you moron. I'm sorry. Sorry again.
(04:30):
I'm trying trying not to rip on people as much
as I normally do, but sometimes it's pretty hard. It's
pretty hard, especially when you don't know what the hell
you're talking about, or maybe you do know what you're
talking about and you're just a liar and I'm gonna
have to call you out on that, like ninety five
percent of the reporting that's on Fox at this point
(04:51):
in time. But just complete another BS. This this is good.
This is good. This is a negotiating tactic. I got
an idea. This is what we're gonna do. Okay, we're okay, Well,
this is this is the Okay, this is their negotiating.
This is this is how we make deals. This is
art of the deal. Right now, this is what we're
(05:11):
gonna do. Okay, I tell you what we want to
We want to change up. We want to be fair
on trade. Okay. Oh yeah, we've been taking advantage of
everybody's ripping us off here, there and everywhere. So this
is what we're going to do. We are going to
we're going to crash the stock market. We're gonna have
the dollar fall out of bed. We're gonna have our
(05:31):
bond yields go up despite the fact that we have
to refinance nine trillion this year. We're going to have
companies come out and start warning giving earnings guidance because
they don't know how to price in the tariffs. Small
businesses are going to start freaking out. I actually heard
several commercials this morning, several commercials this morning on my
(05:52):
way to the gym at four thirty am. This was
on Sirious. I was listening to CNBC early in the
morning for various different funding for small businesses to tariffs
to help people out that are in dire straits. Wow,
there is so much winning out there. I don't Wow.
We're just winning everywhere, aren't we. You tell that that's
(06:16):
that's your negotiating tactic, that's the way to go, because
then we're coming in with a lot of We're come
a great position of strength right now. Right. I know
I'm being sarcastic here, kids, but don't doubt me. Don't
(06:36):
doubt me. They have to have full force walk back
mode as quickly as possible, as quickly as possible. I
guess you know. Jd Vance is in India and I
guess again they got some sort of outline for what
(06:58):
they want to do moving forward. Yeah, we'll see, we'll see,
but we better start seeing some of these deals. And
again they're going to tout them as great wins. Great
great is fantastic win. Oh, this is gonna be your
super win. That's what they're going to tut them as.
(07:18):
Mark my word again, they got to get out of
their own way right now. Watchdog on Wall Street dot
com
The Watchdog on Wall Street podcast explaining the news coming
out of the complex worlds of finance, economics, and politics
and the impact that we'll have on everyday Americans. Author,
investment banker, consumer advocate, analyst, and trader Chris Markowski.
Speaker 2 (00:16):
It was never into end zone dancing, spike into football
sack dances or anything like that scoreboard anyway. But I
used to play sports, there would be always the the
trash talker out there or you know it was. It
was a lot a lot more rare, quite frankly, when
(00:37):
I used to play than when it is today. Now. Actually,
they encourage it now. You know. The stuff that they
allow now at NFL games and whatnot is you know,
you know, you get a flag back and then even
baseball for crying out loud, you know, hitting a home
run or getting it, you know, and watching it and
walk into first base. Yeah, begging you were going to
(01:00):
get a ball in your ear if you did something
like that. You just didn't do that. But again, that's
what they encourage. I don't agree with it, whatever it
may be. And again, any of the teams that I coach,
now now you're not doing that. I always like the
guys that you know, act as if you do it
all the time. I had to do it all the time.
(01:22):
And Marvin Harrison, he would hand the ball to the
referee after he scored a touch on Barry Sanders, the
greatest running backs of all time, a bunch of them. You
have to show up, you know, Like I said, this
is what I do, this is what I'm paid to do.
I don't have to draw extra attention to myself anyway.
One of the ways to get back if you wanted to, okay,
(01:45):
if someone started talking to you and you win the game,
he just said, scoreboard to the scoreboard. I've used this before.
It's the line from great football coach Bill Parcells. You
you are what your record says. You are. One of
(02:05):
the things that people love about sports. They love about that,
the meritocracy that's out there, scoreboard, who's winning, who's losing. Well,
The Dow is headed for the worst April since nineteen
(02:30):
thirty two. Since nineteen thirty two. This month, we have
seen valuation moves, as in market valuation moves on a
regular basis that were the basically the same valuation as
the stock marks could crash back in nineteen eighty seven,
(02:53):
that trade deficit that Donald Trump keeps talking about there
with Pete Navarro and his gang of Marriora DUFs. Yeah, yeah,
we lost more in stock market valuation on Monday. It's
happened a bunch of times this past month than the
entire trade deficit scoreboard. You want the score, that's the score,
(03:23):
that's the reality. And again to watch these people out there.
I had this video sent to me and I've I've
ripped on this guy before. He's a he's a con man.
He's a con man, but he spends a lot of
money in advertising real estate. Con man. Grant Cardon, Grant Cardon,
(03:45):
Oh yeah he was again. They had to book him,
book him on Laura Ingram yesterday because there's Laura with
a big shit eating grin on her faith. Hey we
love Trump. Yeah, Daddy Trump can do it. And Cardon
goes on there and he's just starts talking trash. If
you're worried about your four oh one k or Ira,
(04:06):
just step aside. This is not the time for Monday quarterbacking.
You're not in the game, President Trump. Is what he
went on saying, these other things about traders and commissions
and all this other stuff. Grant Wall Street's printing money
with all this volatility, you moron. I'm sorry. Sorry again.
(04:30):
I'm trying trying not to rip on people as much
as I normally do, but sometimes it's pretty hard. It's
pretty hard, especially when you don't know what the hell
you're talking about, or maybe you do know what you're
talking about and you're just a liar and I'm gonna
have to call you out on that, like ninety five
percent of the reporting that's on Fox at this point
(04:51):
in time. But just complete another BS. This this is good.
This is good. This is a negotiating tactic. I got
an idea. This is what we're gonna do. Okay, we're okay, Well,
this is this is the Okay, this is their negotiating.
This is this is how we make deals. This is
art of the deal. Right now, this is what we're
(05:11):
gonna do. Okay, I tell you what we want to
We want to change up. We want to be fair
on trade. Okay. Oh yeah, we've been taking advantage of
everybody's ripping us off here, there and everywhere. So this
is what we're going to do. We are going to
we're going to crash the stock market. We're gonna have
the dollar fall out of bed. We're gonna have our
(05:31):
bond yields go up despite the fact that we have
to refinance nine trillion this year. We're going to have
companies come out and start warning giving earnings guidance because
they don't know how to price in the tariffs. Small
businesses are going to start freaking out. I actually heard
several commercials this morning, several commercials this morning on my
(05:52):
way to the gym at four thirty am. This was
on Sirious. I was listening to CNBC early in the
morning for various different funding for small businesses to tariffs
to help people out that are in dire straits. Wow,
there is so much winning out there. I don't Wow.
We're just winning everywhere, aren't we. You tell that that's
(06:16):
that's your negotiating tactic, that's the way to go, because
then we're coming in with a lot of We're come
a great position of strength right now. Right. I know
I'm being sarcastic here, kids, but don't doubt me. Don't
(06:36):
doubt me. They have to have full force walk back
mode as quickly as possible, as quickly as possible. I
guess you know. Jd Vance is in India and I
guess again they got some sort of outline for what
(06:58):
they want to do moving forward. Yeah, we'll see, we'll see,
but we better start seeing some of these deals. And
again they're going to tout them as great wins. Great
great is fantastic win. Oh, this is gonna be your
super win. That's what they're going to tut them as.
(07:18):
Mark my word again, they got to get out of
their own way right now. Watchdog on Wall Street dot
com
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