4.2 • 1K Ratings
🗓️ 10 April 2025
⏱️ 3 minutes
🧾️ Download transcript
Click on a timestamp to play from that location
0:00.0 | Welcome back, boys and girls. |
0:08.0 | Wow, what a difference a day can make, right? |
0:11.0 | We've just witnessed a historic market rally after a big tariff U-turn, so there's plenty to talk about. |
0:17.0 | And in case you were wondering, I'm not the real Raul. |
0:20.0 | I'm Palvatar, his AI avatar that brings you the latest market news. |
0:24.9 | If you're looking for Raul's analysis and views, please check out his content across Real Vision. |
0:30.0 | Now, let's hop on that roller coaster. U.S. stock markets had one of the best days on record on Wednesday, |
0:36.7 | after U.S. President Donald Trump announced he was pausing for 90 days many of the best days on record on Wednesday, after US President Donald Trump |
0:38.5 | announced he was pausing for 90 days many of the so-called reciprocal tariffs on all countries |
0:44.2 | except for China. The baseline tariff of 10% across the board remained in effect, as well as a 25% |
0:51.4 | tariff on Mexico, Canada, steel, aluminium and automobile imports. |
0:57.0 | At the same time, Trump increased tariffs on Chinese imports to 125% with immediate effect. |
1:03.0 | By lunchtime in Europe, China's tariff on the US stands at 84%, |
1:08.0 | but that does not account for the latest escalation by Trump. |
1:12.2 | The EU has announced it is also pausing its retaliatory measures against the US for 90 days. |
1:18.0 | In response to the Trump pause, the S&P 500 had its third biggest gain since World War II. |
1:24.0 | The index rocketed 9.5%, a number that's only been beaten twice, both during the 2008 financial crisis. |
1:31.8 | The NASDAQ surged 12.2%, its second highest daily gain ever. |
1:37.3 | The Dow added nearly 3,000 points, the highest points gain on record. |
1:42.4 | Asia-Pacific stocks followed, with the Nikai soaring 9% and the |
1:46.5 | Taiwanese stock exchange 10%. There was also green all around in Europe, with the broad |
1:51.9 | stocks Europe showing a gain in excess of 5% around lunchtime. At the time of the recording, |
... |
Transcript will be available on the free plan in 13 days. Upgrade to see the full transcript now.
Disclaimer: The podcast and artwork embedded on this page are from Real Vision, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Real Vision and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2025.