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Podcast: Tech Path Crypto
Episode:

Tariff Wreck-oning Day!

Category: News & Politics
Duration: 00:12:30
Publish Date: 2025-08-01 20:47:01
Description: Stocks dropped in morning trading on Wall Street Friday, and Treasury yields fell sharply after a significant slowdown in hiring last month. Trump signed executive orders to impose tariffs ranging from 15 to 41 percent on goods from dozens of countries overnight — hours before his self-imposed August 1 trade deadline. Markets also declined across Europe and Asia. Exacerbating losses in the U.S. was the release of weak U.S. Labor Department jobs data, which showed that American employers added only 73,000 jobs last month, lower than expected.

~This episode is sponsored by iTrust Capital~
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00:00 Intro
00:09 Sponsor: iTrust Capital
00:30 WRECK-oning Day is here!
01:37 Liquidations
02:05 CNBC: Data reports (not looking good)
03:17 Trade War escalates
03:50 Tariff reality check
04:45 Is apple absorbing the cost?
06:40 Trump blames Jerome Powell
07:15 Powell warned us
07:45 Fed rate cut polymarket
08:30 Meme mania: Due for correction?
08:50 Fear and greed
09:15 Tom Lee: Markets are still not frothy
11:00 Liberation Day dip
12:00 Outro

#Bitcoin #tariffs #trump
~Tariff Wreck-oning Day!
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