Robert Wolf: Elon’s Adios, Biden Agonistes & The TACO That Ate Trump
Jun 02, 2025•1 hr 20 min
Episode description
John is joined by former CEO of UBS Americas and Democratic mega-donor Robert Wolf to discuss the exit of Elon Musk from the White House and Donald Trump’s latest economic-policy gyrations. The recipient of three presidential appointments from Barack Obama and one from Joe Biden, Wolf explains why Musk’s foray into government was always bound to end in tears; why Wall Street's TACO (Trump Always Chickens Out) meme perfectly captures the financial world’s view of the president's feckless approach to trade and tariffs; and why the state of the economy is even more precarious than it appears. Wolf also reflects on his own role in aiding and abetting Biden’s bid for reelection despite doubts about his ability to serve a second term.
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