Welcome to the Megan Kelly Show, live on Sirius XM Channel 111 every weekday at New East.

Hey, everyone, I'm Megan Kelly. Welcome to the Megan 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'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

supposed to be in this market for, you know, a long-term payoff 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. 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,

because he used to own a casino in Atlantic City. You know, there's no crying in the casino.

The market 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 Coromaga 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 what can we just hold on? Just hold on. And don't let these Wall Street hot shots 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,

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