News editor: Markets go up and down under Trump

News editor Shane McGinley says Trump’s shifting policies cause rapid swings in the markets. #Trump

Transcript

00:00So, Shane, Trump finally blinked.

00:03Yes, when I was here on Tuesday night, we did say who's going to blink first.

00:07And I honestly didn't think I'd be here two days later saying this is all that has happened.

00:12But there was a great quote from today.

00:14There's lots of great quotes, as you just showed, when Trump said, what a day.

00:18And that is a complete understatement.

00:22Because we have a DC correspondent at AGBI, and when she filed last night, oil was up, the markets were reacting really, really well.

00:32Then I woke up this morning, oil was back down.

00:35And now we've seen in the last couple of hours that the stock markets, which opened really well in both Asia and Europe,

00:42and I think it was the biggest one-day gain since late 2022.

00:46So, this was all like, you know, this is all good reaction.

00:49But then the last couple of hours, all of these notes are nearly pointless now,

00:53because I was just reading while we were coming in here that, you know, the markets have gone back down again.

00:57So, what a day is a real understatement.

01:01And Trump saying it's a beautiful thing is wow.

01:05It's wow.