On the April 2 edition of Fox News' The Ingraham Angle, Fox Business anchor Maria Bartiromo called Trump's tariffs “brilliant” and said she “would be buying this market with both hands.”
Fox Business guest says he would “absolutely not” buy stocks the morning after Trump's tariff announcement
Anchor Maria Bartiromo on Fox last night: “I would be buying this market with both hands”
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From the April 3, 2025, edition of Fox Business' Mornings with Maria Bartiromo
MARIA BARTIROMO (ANCHOR): Some of these tariffs are higher than one would expect, or that we expected really, but I guess some of them represent a bit of a ceiling for what we're talking about. It's opening up room for negotiation given that the country-specific tariffs don't take effect until April 9, so we'll see if there's some negotiation underway. Are you saying that you would buy this market that is selling off this morning. The DOW down 1,157 points right now. You want to be a buyer?
DARIUS DALE (42 MACRO FOUNDER AND CEO): Not right now, absolutely not, no.
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When you think about this from a medium-term perspective, we're going to have a significant hit to GDP, a significant positive shock to inflation — that is transitory but it will exist — and ultimately sales, GDP, and earnings estimate need to come much lower than where they are currently. That's going to cause problems in markets.