‘The View’ guest co-host corrects panel about Trump’s policies helping the stock market
CNBC anchor Sara Eisen shocked co-hosts of “The View” Thursday by saying President Donald Trump’s policies have really been a boon for the stock market.
Eisen, who was filling in for co-host Alyssa Farah Griffin, normally serves as the host of CNBC’s “Squawk on the Street.”
On Thursday, nonetheless, co-host Whoopi Goldberg requested her, as an professional on the topic, about the diploma to which presidents have an effect on the stock market.
“I do want to ask you about the market because it seems that the market doesn’t really pay attention to who is president,” Whoopi stated.
“The market does what it does.”
“Currently, the market likes who’s president, I think,” Eisen replied.
“There’s a lot of upbeat sentiment from companies and from investors about policies that are helpful for growth — you know, deregulation.”
When requested about Trump’s tariffs, certainly one of his most well-known and most controversial policies, Eisen stated, “The tariffs “usually wouldn’t be helpful for growth, but they haven’t been as bad as everyone expected.”
“It helps for rich people,” co-host Joy Behar stated.
“It doesn’t help poor people or middle-income people.”
Eisen stood her floor, arguing they have been nowhere close to as dangerous as individuals anticipated.
“Well, fair. But, you know, 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. And it hasn’t.”
She added additional that “companies have absorbed it. You know what? They’ve never been more profitable right now. But, also, they like the tax bill.”
“That’s right, companies and investors. So it’s like a K-curve, right?” Hostin requested.
“So, if you’re an investor, or you’re wealthy, then it’s great. If you’re middle class or under the middle class, then it’s not good at all.”
Eisen agreed it’s certainly higher for traders or individuals of upper earnings.
“A hundred percent,” Eisen agreed, however she argued that this needs to be a time for extra Americans to become involved in the stock market.
“But what I would say to that is that, you know, it helps to have exposure to stocks. Like, more people should have exposure to stocks,” Eisen stated.
“And that’s something-“
“If you’re getting paid minimum wage, you don’t have exposure to stocks,” Hostin interjected.
As Eisen received right into a crosstalk back-and-forth with Hostin, Whoopi appeared conciliatory to Eisen.
“So, here’s what we’re doing. Sorry about that. I’m sorry about that,” Whoopi stated.
“But it was interesting because it’s very rare that we get to sit with a financial person.”
“Keep it coming. I love it,” Eisen replied.
