Jack and Nick

Investors breathed a huge sigh of relief. And then this week, President Trump blinked a second time. Investors breathed another huge sigh of relief. Because Trump pledged to not fire the Fed, which we told you yesterday would have been a terrible idea, and turned the heat way down on his beef with China.

Investors breathed a huge sigh of relief. And then this week, President Trump blinked a second time. Investors breathed another huge sigh of relief. Because Trump pledged to not fire the Fed, which we told you yesterday would have been a terrible idea, and turned the heat way down on his beef with China.

The latest reports from the Wall Street Journal are that Trump is planning to cut his China tariffs in half. to de-escalate the trade war. The result of that second blink, boom, we saw it in the stock markets. Investors loved it. Stocks rose 6% in the last two days, although they're still down 12% from their all-time highs.

The latest reports from the Wall Street Journal are that Trump is planning to cut his China tariffs in half. to de-escalate the trade war. The result of that second blink, boom, we saw it in the stock markets. Investors loved it. Stocks rose 6% in the last two days, although they're still down 12% from their all-time highs.

The latest reports from the Wall Street Journal are that Trump is planning to cut his China tariffs in half. to de-escalate the trade war. The result of that second blink, boom, we saw it in the stock markets. Investors loved it. Stocks rose 6% in the last two days, although they're still down 12% from their all-time highs.

I'm not that far from Wall Street right now, Jack, and I could hear a huge... You can feel the relief. I could hear the namaste. It's not excitement. It's relief. Now, Yetis, Jack and I got curious. What caused Trump to blink this second time? And we think we have specifically found the answer. It was one sentence from a CEO.

I'm not that far from Wall Street right now, Jack, and I could hear a huge... You can feel the relief. I could hear the namaste. It's not excitement. It's relief. Now, Yetis, Jack and I got curious. What caused Trump to blink this second time? And we think we have specifically found the answer. It was one sentence from a CEO.

I'm not that far from Wall Street right now, Jack, and I could hear a huge... You can feel the relief. I could hear the namaste. It's not excitement. It's relief. Now, Yetis, Jack and I got curious. What caused Trump to blink this second time? And we think we have specifically found the answer. It was one sentence from a CEO.

Because on Tuesday, the executives of Walmart, Target, and Home Depot all met with President Trump at the White House. Basically, all your local mall companies showed up. The only one not invited was Auntie Anne's. And they issued Trump a warning. They said, starting in two weeks, we have to raise prices at our chain stores to pay for your tariffs.

Because on Tuesday, the executives of Walmart, Target, and Home Depot all met with President Trump at the White House. Basically, all your local mall companies showed up. The only one not invited was Auntie Anne's. And they issued Trump a warning. They said, starting in two weeks, we have to raise prices at our chain stores to pay for your tariffs.

Because on Tuesday, the executives of Walmart, Target, and Home Depot all met with President Trump at the White House. Basically, all your local mall companies showed up. The only one not invited was Auntie Anne's. And they issued Trump a warning. They said, starting in two weeks, we have to raise prices at our chain stores to pay for your tariffs.

That was a little scary, but Jack, what was the scary thing they said would happen in two months? In two months, the shelves will be empty, the executive said, because your tariffs are effectively an embargo on everything we import from China. They said our entire toy, appliance, and electronic sections of our stores depend on China. Aisle six will be empty.

That was a little scary, but Jack, what was the scary thing they said would happen in two months? In two months, the shelves will be empty, the executive said, because your tariffs are effectively an embargo on everything we import from China. They said our entire toy, appliance, and electronic sections of our stores depend on China. Aisle six will be empty.

That was a little scary, but Jack, what was the scary thing they said would happen in two months? In two months, the shelves will be empty, the executive said, because your tariffs are effectively an embargo on everything we import from China. They said our entire toy, appliance, and electronic sections of our stores depend on China. Aisle six will be empty.

Yeah, people will be angry if during Christmas the Nerf football for little Johnny cost 50 bucks when it used to be 25. 50 bucks for foam? But Nick, they'll be furious if the Nerf footballs aren't even on the shelves because of this trade war. What do you mean you don't have any? I need to speak to a manager. Yeti's inflation is the Main Street issue that lost the presidency for Joe Biden.

Yeah, people will be angry if during Christmas the Nerf football for little Johnny cost 50 bucks when it used to be 25. 50 bucks for foam? But Nick, they'll be furious if the Nerf footballs aren't even on the shelves because of this trade war. What do you mean you don't have any? I need to speak to a manager. Yeti's inflation is the Main Street issue that lost the presidency for Joe Biden.

Yeah, people will be angry if during Christmas the Nerf football for little Johnny cost 50 bucks when it used to be 25. 50 bucks for foam? But Nick, they'll be furious if the Nerf footballs aren't even on the shelves because of this trade war. What do you mean you don't have any? I need to speak to a manager. Yeti's inflation is the Main Street issue that lost the presidency for Joe Biden.

Trump doesn't want the same happening to him. So we're not even 100 days into Trump's second term, but we are now seeing that his most radical ideas can be reeled in. With the trade war, it was a combination of Wall Street and Main Street doing the reeling in. And one big namaste. this week. So Jack, what's the takeaway for our buddies who are everyone watching the trade war?

Trump doesn't want the same happening to him. So we're not even 100 days into Trump's second term, but we are now seeing that his most radical ideas can be reeled in. With the trade war, it was a combination of Wall Street and Main Street doing the reeling in. And one big namaste. this week. So Jack, what's the takeaway for our buddies who are everyone watching the trade war?

Trump doesn't want the same happening to him. So we're not even 100 days into Trump's second term, but we are now seeing that his most radical ideas can be reeled in. With the trade war, it was a combination of Wall Street and Main Street doing the reeling in. And one big namaste. this week. So Jack, what's the takeaway for our buddies who are everyone watching the trade war?