Send us a text Markets are in chaos, which is why on this week’s episode Kristen and Jen ditch the interviews to break down what the hell is happening in markets right now. From tariffs to the dollar and everything in between, we’re unpacking the massive moves in equities, the near-trigger of the circuit breaker, and what April 2nd — aka "Liberation Day" — really means. We dive deep into the economic mechanics behind tariffs — what they are, how they work, and why they’re suddenly wreaking havoc. Jen gives a mini masterclass on the history of U.S. tariff policy, from Smoot-Hawley to modern-day trade wars, plus the ripple effects on the dollar and inflation. We talk stagflation risks, interest rates, retaliation from global trade partners, and whether this all signals a bigger shakeup — including real questions about the U.S. dollar as the world’s reserve currency (along with some conspiracy theories about whether there’s an ulterior motive for these moves). Finally, we pivot to some deal talk, focusing on the all-stock merger between Elon Musk’s xAI and X (formerly Twitter). We break down what the deal actually means, why valuations seem... dubious, and how the whole thing serves as a real-world lesson in equity dilution. Bonus: we close with a little pickleball, skiing, and business etiquette chat — because it’s not all macro mayhem all the time. Learn more about 9fin HERE Shop our Self Paced Courses : Investment Banking & Private Equity Fundamentals HERE Fixed Income Sales & Trading HERE Wealthfront.com/wss . This is a paid endorsement for Wealthfront. May not reflect others’ experiences. Similar outcomes not guaranteed. Wealthfront Brokerage is not a bank. Rate subject to change. Promo terms apply. If eligible for the boosted rate of 4.15% offered in connection with this promo, the boosted rate is also subject to change if base rate decreases during the 3 month promo period.The Cash Account, which is not a deposit account, is offered by Wealthfront Brokerage LLC ("Wealthfront Brokerage"), Member FINRA/SIPC. Wealthfront Brokerage is not a bank. The Annual Percentage Yield ("APY") on cash deposits as of 11/7/25, is representative, requires no minimum, and may change at any time. The APY reflects the weighted average of deposit balances at participating Program Banks, which are not allocated equally. Wealthfront Brokerage sweeps cash balances to Program Banks, where they earn the variable APY. Sources HERE .
