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Over the weekend, President Trump told retailers to “eat the tariffs” after Walmart warned of price hikes spurred by the trade war. Across the country, retailers are making tough calls when it comes to tariff costs. So why is Home Depot in a better position to keep prices stable than Walmart? Also in this episode: stablecoins inch closer to bank distribution, turbine backlog slows energy sector growth and we get some advice on what to buy before more tariffs kick in.
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Katherine Stewart, author of Money, Lies, and God: Inside the Movement to Destroy American Democracy, explains how America’s Christian nationalist forces are exporting extremism abroad while cloaking domestic corruption in the guise of faith. Plus a suicide bombing outside a Palm Springs fertility clinic introduces the public to the dark ideology of “efilism”. Plus, Then, another look at the Yale professors fleeing to Toronto: their self-congratulatory tone is punctured by Sarah Longwell and Ben Wittes, who argue that true anti-fascist courage means staying and fighting.
Produced by Corey Wara
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There are more mysteries than answers surrounding the Biden team.
Why did Joe Biden's medical team announce right now—on the eve of the release of “Original Sin”—this shocking story that the president, who just left office 100 days ago, was suffering from a very seriously rare, malignant form of prostate cancer, asks Victor Davis Hanson on today’s edition of “Victor Davis Hanson: In His Own Words:”
“President—he was vice president, he was president, now he's an ex-president. They are accorded the best, most comprehensive diagnostic medical care in the world. Isn't it true that Joe Biden would've known about this? We just had a report—right before he stepped down, in the summer of 2024—an exhaustive medical report, that he was fine. But he is trying to tell us, or sadly, his team is trying to tell us that, just in a matter of nine months, he developed a prostate cancer unknown to all of his doctors. Unknown—that didn't appear on any of his diagnostic tests.”
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We're back with another unexpectedly short and timely episode, focusing on last Friday's emergency docket decision in AARP v. Trump. We also spend a few minutes on a few other orders: the administration's partial victory in Noem v. National TPS Alliance and a puzzling mass recusal.
Four out of the Magnificent Seven tech stocks fell today. Plus: Home Depot shares tick down despite quarterly sales rising more than expected. And shares of Arc’teryx and Salomon parent Amer Sports surge after strong quarterly results and raised guidance. Danny Lewis hosts.
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Elon Musk is committed to Tesla for at least five more years.
(00:21) Jason Moser and Ricky Mulvey discuss:
- Investing in companies with a singular leader.
- Earnings results from Home Depot.
- A listener's suggestion to create a “laziness” stock basket.
Then, (17:04) Robert Brokamp answers listener questions about Roth IRAs and dividend investing.
Companies discussed: TSLA, TTD, HD, DASH, UBER, DPZ, AMZN, WMT, NFLX, LYFT
Host: Ricky Mulvey
Guest: Jason Moser, Robert Brokamp
Producer: Mary Long
Engineer: Dan Boyd
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