April 4, 2025· 19 min

Lots More on a Massive, Historical, Stagflationary Shock

Tom Orlik

Orality

Model

64%

Mixed oral/literate (blogs, casual essays)

Speaker Breakdown

HostTracy Alloway(643 words)

M:29%

HostJoe Weisenthal(489 words)

M:29%

GuestTom Orlik(1,962 words)

M:27%

Oral Indicators

Agonistic35%

literally, completely, crazy

Engagement66%

you, our, your

Memory Aids100%

listen, so, now

Repetition100%

gonna (36x), it's (26x), tariffs (25x)

Parallelism61%

But as we are talking right no..., But not seriously enough...., And we really do have the perf...

Sound Patterns80%

32 question(s), alliteration: "markets move", alliteration: "barclays brief"

Formulaic Phrases5%

i mean

Literate Indicators

Hedging18%

could, may, maybe

Passive Voice6%

is tired, is red, being liberated

Abstract Nouns26%

investment, business, recommendation

Subordination8%

because, though, while

Sentence Length30%

Avg: 12.4 words/sentence

Word Complexity49%

investment, analyze, anticipate

Academic Markers0%

Impersonal Style34%

264 personal pronouns found

Descriptive Style65%

apply, literally, completely

Description

On Wednesday, President Trump unveiled sweeping tariffs against almost every country in the world. The size and scope was far beyond what anyone was anticipating, causing markets to subsequently plunge. But what's next? Could it work out for the US? Will we see a spike in inflation? Will the global trading system continue to operate? On this episode, we speak with Tom Orlik, the chief economist for Bloomberg Economics, on the historical nature of this stagflationary shock, and what happens to the US and global economies if these numbers remain in place. Read More: Economists Slash US Growth, Boost Inflation Forecasts on Tariffs Germany and France Push for More Aggressive Tariff Response Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots See omnystudio.com/listener for privacy information.

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