What markets bet President Trump will do

Planet Money

NPR

Business, News

4.6 • 29.8K Ratings

🗓️ 9 November 2024

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

On the day after the election, Wall Street responded in a dramatic way. Some stocks went way up, others went way down. By reading those signals — by breaking down what people were buying and what they were selling — you can learn a lot about where the economy might be headed. Or at least, where people are willing to bet the economy is headed.

On today's show, we decode what Wall Street thinks about the next Trump presidency — what it means for different parts of the economy, and what it means for everyone. Does the wisdom of the market think President Trump will actually impose new tariffs and lift regulations? What about taxes and spending? And will inflation ultimately go up or down?

What markets bet President Trump will do. That's today's episode.

This episode was hosted by Jeff Guo, Sally Helm, Erika Beras, and Keith Romer. It was produced by Sam Yellowhorse Kesler and Willa Rubin. It was edited by Martina Castro and fact-checked by Sierra Juarez. Engineering by Gilly Moon. Alex Goldmark is Planet Money's executive producer.

Help support Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy

Transcript

Click on a timestamp to play from that location

0:00.0	Who's claiming power this election?
0:03.2	What's happening in battleground states?
0:05.4	And why do we still have the electoral college?
0:09.0	All this month, the ThruLine podcast is asking big questions about our democracy and going back in time to answer them.
0:17.3	Listen now to the ThruLine podcast from NPR.
0:23.8	Just a heads up before we get started, we're going to mention a lot of companies in this episode, including some that are corporate funders of NPR.
0:31.4	J.P. Morgan Chase, Bank of America, Silicon Valley Bank, Microsoft and Apple are all NPR funders.
0:37.4	They and other funders play no role in our coverage decisions.
0:41.5	This is Planet Money from NPR.
0:46.6	On the morning after the election, as Americans were still processing the results, People with money were making moves.
0:55.1	I'm talking about investors, traders, hedge fund Wall Street types.
0:59.6	Right now, the stock market is rallying around the news that former President Trump
1:03.1	will be named the 47th president of the United States.
1:05.8	Bond yield surging this morning as investors react to Donald Trump winning a second presidential term.
1:11.6	Cryptocurrencies rallying big time are seeing Bitcoin now above $75,000. The financial markets
1:18.2	had some major reactions to former President Donald Trump's win. And if you read between the lines,
1:25.0	if you break down what these financial types were buying and what they were selling,
1:29.8	you can learn a lot about where the economy might be headed.
1:34.1	Or at least, where people were willing to bet the economy is headed.
1:39.3	Hello and welcome to Planet Money.
1:41.3	I'm Jeff Guo.
1:42.3	And I'm Erica Barris.
	...

Transcript will be available on the free plan in -58 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from NPR, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of NPR and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.