What happens when a president hints at firing the Fed chair, markets spiral, and Elon Musk suddenly retreats from Washington?
In this episode, Anthony and Piers dissect Trump’s headline-grabbing U-turn, the deeper implications for Fed independence, and why Tesla shares soared despite disastrous earnings.
Plus, is a US-China trade thaw finally in sight and what could that mean for inflation and rates? Another high-stakes week in global markets made easy to understand for everyone.
(01:58) Trump vs Powell: The Current State of Play
(05:03) Why Does Trump Want Lower Rates?
(06:19) Can Trump actually fire Fed Chair Powell?
(09:53) How have Markets Reacted to this Idea?
(15:19) The Most Important Story Isn't Trump
(18:19) Why Fed Independence is Important
(21:18) Is a Japanese and Indian Trade Deal Coming?
(25:50) Elon Musk Turns Attention Back to Tesla
(33:11) Handling Volatile Markets When Investing
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