Ep 197. Trump's "Liberation Day"

On today's episode, we break down the economic and political landscape as the Trump administration’s tariffs—dubbed “Liberation Day”—go into effect. We explore the market implications, the administration's strategy to reshape U.S. revenue and labor, and what investors should watch amid Newsmax’s wild IPO surge and a possibly overvalued S&P 500. David Brooks unpacks trade policy, market cycles, and why it all matters.