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38: Market Relief, AI Layoffs, and Political Turmoil Guest: Elizabeth Peek Elizabeth Peek analyzes market relief following the temporary US-China trade truce, noting that President Trump effectively uses American consumer spending and tariff policy as a power

38: Market Relief, AI Layoffs, and Political Turmoil Guest: Elizabeth Peek Elizabeth Peek analyzes market relief following the temporary US-China trade truce, noting that President Trump effectively uses American consumer spending and tariff policy as a power
Update: 2025-10-29
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Market Relief, AI Layoffs, and Political Turmoil Guest: Elizabeth Peek Elizabeth Peek analyzes market relief following the temporary US-China trade truce, noting that President Trump effectively uses American consumer spending and tariff policy as a powerful geopolitical weapon. However, she expresses serious alarm over AI-driven mass layoffs across major corporations, including Amazon, coupled with a notable absence of substantive political debate addressing workforce displacement. Peek warns that the rise of an inexperienced, anti-capitalist mayoral candidate threatens New York City's economic prosperity and competitiveness in an increasingly challenging urban landscape.
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