The Megyn Kelly Show
Tariffs and Markets Perspective, Exclusive Info From Nashville Shooter's Journals, and American Held in Russia, with Victor Davis Hanson and Chris van Heerden | Ep. 1043
Mon, 7 Apr 2025
Megyn Kelly reveals exclusive new details from the Nashville school shooter’s journals, what we can learn about the killer's obsession with gender identity and race, why we believe it's in the public's interest to know what was written and what was left out of the final Nashville police report, and more. Plus Victor Davis Hanson, author of "The End of Everything," joins to discuss President Trump’s tariff plan and the volatile media and market reaction today, why it’s important to take a deep breath and gain some perspective, what the goal actually is and why it's a slow process, the disconnect between rich conservatives and the working class, why the working class is more focused on trade fairness and employment opportunities than what happens in the stock market, how the Democratic Party has shifted towards representing elite interests, unhinged, self-important leftists freaking out about Trump and Elon, their narcissistic speeches at the weekend rallies, George Conway crying over Trump and his relationship with law firms, and more. Then Chris van Heerden, whose girlfriend is wrongfully detained in Russia, joins to discuss what led to his girlfriend being stuck in Russian prison for a 12 year sentence, how it was all over a $51 donation, the horrible conditions she's living in now, how he's hopeful about the Trump administration and his frustrating experience with the Biden administration, how Peter Berg and Dana White are helping, and more.Hanson- https://www.hachettebookgroup.com/titles/victor-davis-hanson/the-end-of-everything/9781541673526/van Heerden- https://freeksenia.com/Angel Studios: Become an Angel Guild member today and get 2 free tickets to The King of Kings movie when you become a premium member. Visit https://angel.com/MEGYNKars4Kids: Call 1-877-kars4kids or visit https://kars4kids.org/MKJust Thrive: Visit https://justthrivehealth.com/discount/Megyn and use code MEGYN to save 20% sitewideJacked Up Fitness: Go to https://GetJackedUp.com and use code MK at checkout to save 10% off your entire purchase Follow The Megyn Kelly Show on all social platforms:YouTube: https://www.youtube.com/MegynKellyTwitter: http://Twitter.com/MegynKellyShowInstagram: http://Instagram.com/MegynKellyShowFacebook: http://Facebook.com/MegynKellyShow Find out more information at: https://www.devilmaycaremedia.com/megynkellyshow
Chapter 1: What are the latest exclusive findings from the Nashville shooter's journals?
Welcome to The Megyn Kelly Show, live on Sirius XM Channel 111 every weekday at noon east. Hey everyone, I'm Megyn Kelly. Welcome to The Megyn Kelly Show. He's been called the disruptor-in-chief, and that's exactly what Trump's tariffs are doing to the market today. False reports of a Trump tariff pause saw the Dow Jones Industrial Average erase a morning 1,700-point loss to go up
over 800, only for the market to go back to a loss of over 800 when it turned out the rumor wasn't true. Currently at 12 noon on Monday, it is down 500 points back and forth. Look, you can't look. You can't look at it. I I'm sure we've lost a lot of money. My mom is on a fixed income. It doesn't matter the income level. You can't look at a moment like this.
You're you're supposed to be in this market for a long term. Pay off if you're a younger person. And if you're an older person, you're also not supposed to sell when the market drops precipitously off of an event like tariffs. That's generally what they say. So looking is just bad for the soul and ultimately the pocketbook for many, many people. That's a general rule.
Um, and hopefully you've got a financial advisor telling you exactly what to do because, you know, people who just want to play the market, like they're in a casino. Okay. I guess you should look, but somebody was just recirculating an old Trump quote. Cause he used to own a casino in Atlantic city. You know, there's no crying in the casino. The, the market is is like a casino.
I mean, it is a better place to go. It is not a guaranteed source of income. It can go up and it can go down, and we have volatility right now in our economy. So, you know, hold the line. Like, hold. Don't panic. Do not panic. That's actually what Trump is saying this morning. Don't panic.
So we're going to talk about what's happening because these tariffs are having a greater effect on our market, at least, and we'll see what they do to our economy. But boy, he is getting such pushback now from establishment Republicans, the ones who didn't really want him.
I mean, like I'll look, Elon's not a fan of the tariffs from what we're gleaning on Twitter, but Cora Maga so far seems to be still in Trump's corner. Establishment Republicans like the journal. They don't like the tariffs. We knew that. They also don't like the immigration reforms. We knew that. They also didn't want Trump. They wanted Nikki Haley. We knew that.
And Democrats who just want to hate Trump to hate him, they're all against him. But can we just hold on? Just hold on and don't let these Wall Street hotshots who live and die by a two-point market move dictate the wisdom of Trump's tariffs, which are a longer term strategy. Look, President Trump is far from panicking. He posted this morning on Truth Social, quote, the U.S.
has a chance to do something that should have been done decades ago. Don't be weak. Don't be stupid. Don't be a panicking. It appears to be a new party name he's thrown out there. Oh, yeah. In fact, the follow up line is a new party based on weak and stupid people. Be strong, courageous and patient and greatness will be the result. So you heard it from the president.
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Chapter 2: Why are Trump's tariffs causing market volatility?
But it was two years after, when it fully was implemented, it was two years after what? Who caused the Great Depression? Buying on the margin and reckless Wall Street. So it's kind of ironic that Wall Street has a tendency to go bananas, speculate and hurt the rest of us. And now they're trying to cite Smoot-Harley that had nothing to do with the Depression. And they should look to themselves.
And the final thing is that they think there's going to be help from the Democrats on deregulation, tax reduction. investment, protecting American companies, dealing with the debt, dealing with the deficit. I don't think there is. Nothing's coming out of the left. Everything that's coming out of the left is antithetical to what the Wall Street Journal, for example, believes.
So I just would like to hear what their alternative scenario is. Donald Trump's communication, I would only suggest to them... that he have a tragic tone.
He should, instead of saying beautiful tariffs and we're going to make them pay or Europe has been ripping us off or repertory, he should say, you know, I didn't want to do this, but we've had 50 years of this and nobody brought anybody's attention to it. They offshoring, they outsourcing that has destroyed the industrial base of this country. I, I don't like cutting federal workers, but
Who had ever cared about the $37 trillion debt? Who cares about the $3 billion in interest per day? I was tasked to do this in a way that nobody else has addressed it. I don't like doing it, but I'm going to do it for the good of the country, even though I'm going to be hated for doing it.
The other thing he could say is he's got to cease all the talk about repertory tariffs, where he says, well, we're going to make them pay for all the stuff they did in the past, or They manipulate the currency. True. They use health and safety gimmicks to forbid import. True.
But for right now, at this moment, he's got to talk about reciprocity, that American people will back him the whole way if he just says, I would like zero tariffs.
With partners and barring that, I want our tariffs to be what their tariffs are and just stop all the talk about we're going to have a 10% on everybody regardless or we're going to tariff Australia even though they have a trade deficit with us.
He can get in in the second round to the currency manipulation, the VAT tax, the scams that countries use to say your products aren't clean enough or they may have disease. All of that. But for but for right now, the American people just want to be do unto others as they do to us. And they will back him to the end of the earth when he makes the argument. I am just let it's on autopilot.
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