<p>Amid this week’s tariff turmoil, U.S. stocks tumbled, U.S. Treasurys sold off, and the U.S. dollar weakened. Kai explains what this triple sell-off could mean for the future of the American economy. And, is the era of cheap stuff in America over? Donald Trump administration officials are arguing it’s a good thing. We’ll get into it. Plus, we’ll weigh in on penguin memes and using public phones during a round of Half Full/Half Empty. </p><br/><p>Here’s everything we talked about today:</p><br/><ul><li><a href="https://www.cnbc.com/2025/03/06/treasury-secretary-bessent-says-the-american-dream-is-not-about-access-to-cheap-goods.html">"Treasury Secretary Bessent says the American dream is not about 'access to cheap goods'"</a> from CNBC</li><li><a href="https://www.bloomberg.com/news/articles/2025-04-10/cheap-consumer-goods-are-more-important-to-america-than-team-trump-realizes">"Cheap Consumer Goods Are the American Dream, Actually"</a> from Bloomberg</li><li><a href="https://www.vox.com/future-perfect/408139/donald-trump-tariffs-prices-consumer-goods-amazon-cheap">"The Trump administration says cheap goods aren’t part of the American dream. They’re wrong."</a> from Vox</li><li><a href="https://www.cnn.com/2025/04/11/business/bond-market-trump-treasury-yield-rates/index.html">"The bond market is acting weird. It spooked Trump"</a> from CNN Business</li><li><a href="https://www.nytimes.com/2025/04/05/world/americas/penguins-tariffs-island.html">"After Trump’s Tariffs, Stocks Plunged but Penguin Memes Ticked Up"</a> from The New York Times</li><li><a href="https://www.marketplace.org/story/2025/04/09/why-more-students-are-opting-for-certificates-over-undergraduate-degrees">"More students opt for certificates as undergraduate degree earners decline"</a> from Marketplace</li><li><a href="https://www.nytimes.com/2025/04/09/business/trader-joes-tote-bags.html">"A Frenzy at Trader Joe’s: ‘Everyone’s Here for the Tote Bags’"</a> from The New York Times</li><li><p><a href="https://www.fastcompany.com/91315025/the-masters-offers-public-phones-as-alternatives-to-cellphones">"The Masters offers public phones as alternatives to cellphones. Here's what attendees think"</a> from Fast Company</p><br/><p>Got a question for our hosts? Email
[email protected] or leave us a voicemail at 508-U-B-SMART.</p></li></ul>