The hosts of The View had been shocked when a CNBC anchor informed them what Wall Street thinks about President Donald Trump.
During a dialogue on the outset of Thursday’s episode, Whoopi Goldberg was caught off guard by the take from CNBC’s Sara Eisen — filling-in for Alyssa Farah-Griffin, who’s on maternity depart.
“It seems that the market doesn’t really pay attention to who is president,” Goldberg mentioned. “The market does what it does.”
“Actually, the market likes this president, I think,” Eisen mentioned.
“Really?” Goldberg mentioned.
“There’s a lot of upbeat sentiment from companies,” Eisen added.
“Ah,” Goldberg mentioned.
Sunny Hostin proceeded to quiz Eisen about Trump’s signature financial transfer — which was recently struck down by the Supreme Court.
“The tariffs are helpful for growth?” Hostin requested.
“The tariffs usually wouldn’t be helpful for growth, but they haven’t been as bad as everybody expected,” Eisen mentioned.
“But they’re not good,” Hostin mentioned.
“It helps rich people,” Joy Behar added. “It doesn’t help poor people or middle-income people.”
That line was met with applause from the viewers, and Eisen mentioned Behar’s take was “fair.” But the CNBC anchor went on to argue the tariffs haven’t had the unfavourable affect many critics predicted.
“When the tariffs were announced, everyone thought it would be, like, massive inflation, and the market would fall apart and the economy would fall apart,” Eisen mentioned. “And it hasn’t. The companies have absorbed it. You know what? They’ve never been more profitable right now.”
“If you are wealthy, then it’s great,” Hostin replied. “If you’re middle class, or under the middle class, then it is not good at all.”
“Hundred percent,” Eisen mentioned. “But what I would say to that is…it helps to have exposure to stocks. More people should have exposure to stocks”
“Well, if you’re getting paid minimum wage, you don’t have exposure to stocks,” Hostin mentioned.
“And that’s part of why he wants to get more 401k programs,” Eisen responded.
Watch above, through ABC.
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