Nicki Hutley

In this discussion, economist Nicki Hutley breaks down the financial turmoil stirred by Donald Trump's tariffs. She highlights the looming interest rate cuts and the devastating market plummet that wiped out over $160 billion from the ASX. Hutley identifies the winners and losers in this economic chaos, emphasizing how different demographics, especially retirees versus younger households, are affected. The conversation also touches on the potential recession and the implications of protectionist policies on consumer welfare and economic stability.