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Single best idea, I mean, across the arc of what we've done for decades. This was truly an extraordinary day, starting at about four point thirty yesterday afternoon, thanks to Anne Marie Horden for a wonderful interview at a Secretary of Treasurer. I was sort of dumbfounded listening to it, not because of Anne Marie, but because of the line from the White House. We followed that for John Farrow and conversation today with the Secretary of Commerce Howard Lutnik.
The TAC we took, and thank you Joelivan's short notice with his service to the first Trump administration. He's with SMBC NICO, but far more importantly trying to talk to people with legit academic and market experience across the arc of our internet trade and of course all of this starting I'm going to put it with the Atlantic Charter of lessons learned back in the thirties and the twenties.
This in nineteen forty one and then World War Two, the true development of our international trade policy, let's be direct shattered. Yesterday afternoon we started strawing with Hoger Schmeting a Behreenberg Bank, a wonderful voice, and you're great to talk to him about Volkswagen with six hundred thousand employees, his dynamics of Germany. But here is Hoger Schmedeting of Behrenberg.
On the moment, Europe will probably want to have the market reaction, the reaction of US consumers registered with the people who meet Donnald Trump.
On the golf course. Yeah, it will probably want that so that the US hopefully will be more eager for a deal. And in addition, Europe will threaten serious retaliation without hitting the US now and then hopefully, say, within the next two months, by the end of we hopefully have negotiated some of this tariff madness away.
Alger Schmieding and barren burg Bank. We spoke to Doug Irwin, of course, the academic of Dartmouth, this classic book Against the Tide. I really recommend that as a foundational read on all that's going on against the Tide. Douglas Irwin from twenty five years ago, really coming out of his academic works, graduate work, I should say now again at Dartmouth.
David Blancheflearer of Dartmouth with us tomorrow on Jobs Day, but it was good to get perspective across the markets in this economic moment from Ed yard Denny of Yard Denny Research. He has brought down his optimism.
Well, I think up to now the assumption was that the administration collectively knew what they were doing. But clearly with the reaction of global stocking markets, that's not the case. There is no vote of confidence anywhere, not even in gold and what this administ station is doing. I mean, as you said, there seems to be no place to hide, and the only place to hide is to go to the White House and tell the President and the administration that this policy is just wrong.
We'll try to hide tomorrow with good conversation. It is Jobs Day tomorrow. I was just talking with Sparta, who drives a ship here, and you know, I said, I don't know if this is a big jobs report because it's so new, and maybe it has a little bit of President Biden in it as well. But well, I'll tell you the May Jobs report, May second, the June Jobs report June sixth, they will be something. Please stay
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