The Adam Mockler Show - Trump PUT TO SHAME as World CHECKMATES the US

Episode Date: June 2, 2025

Chris Mowrey filling in for Adam Mockler (FOLLOW CHRIS  @chrisdmowrey  ) breaks down Donald Trump's deceptive claims of economic success, exposing how his policies destabilized the S&P 500 and disproportionately benefited the wealthy at the expense of everyday Americans. Join my Substack as a free or paid subscriber: https://www.adammockler.com/subscribe Become a member to support me! https://www.youtube.com/Adammockler/join https://patreon.com/adammockler Adam Mockler Socials: Subreddit: https://www.reddit.com/r/AdamMockler/ Discord: https://discord.gg/y9yzMU3Gff Instagram: https://www.instagram.com/adammockler/ Bluesky: https://bsky.app/profile/adammockler.bsky.social Twitter: https://x.com/adammocklerr/ TikTok: https://www.tiktok.com/Adammockler Contact me at: [e-mail] Adam Mockler - amock LLC Learn more about your ad choices. Visit megaphone.fm/adchoices

All right, you got to check this out. The U.S. economy, despite all of its flaws, has dominated global markets for decades now. And it's over because of Donald Trump. A few things. Number one, Kamala Harris warned us about this. Kamala Harris said Trump would add a layer of unpredictability that would hurt everybody. Number two, Europe's stocks, the global stock market, is now growing at a faster rate than the U.S. We are being left in the dust.

Now, thirdly, I'm going to bring in contributor Chris Maori to break this all down. I want to give a fresh economic opinion because in order to push back against MAGA's relentless lies, we need to build our own media apparatus. So we are going to fight. We are going to push back. We are going to debunk them with your help. It's a movement that we build together. So join the movement by subscribing and check out Chris. Because of the Trump administration's constant chaos when it comes to tariffs, we are seeing a major shift in the global economy, where people spend money, where people are investing money, how much confidence people have in the United States.

States as a safe place to put money. And truly, some of the stuff in this article we got today from Bloomberg is insane. Europe stocks stage world beating rally as trade war backfires. It is crazy to see how much has changed on a global stage in just 125-ish days of a Trump administration that, again, has been full of chaos, specifically relating to tariffs. Before we get into some of the madness that's in this article, I want to set the stage a little bit. Once again, quickly, my name's Chris Maury. I'm filling in for Adam Amecler on the Ademocler channel. If you enjoy this type of content, there'll be a link to my channel in the description down below. You guys have been showing so much love lately and truly from the bottom of my heart, it means the world. You guys are the best. Let's set the stage a little

bit for where we're at in the United States. This is an article from today from CNN. Americans are having a hard time paying down their debts. Serious delinquencies, mispayments of 90 days or more for student loans are the highest they've been since before the pandemic. And serious credit card delinquencies are the highest they've been in 14 years. Percent of credit balance is considered seriously delinquent by loan type and some charts. So being seriously delinquent, meaning you have a credit card is 90 days or more pass due. This percentage, 12.31% for credit cards.

Last time we saw that, 2009, 2010. I think we all know what was going on around that time. Same thing for things like, you know, student loans, auto loans, mortgages, etc. You look at other things like most common problems for buy now, pay later users by age group. We've seen these apps start to take over by now pay later. where, you know, if you want to split a payment into four and just pay a quarter today and walk out with whatever you're in the store buying, we've seen an explosion of the use of these

apps. And they're really hitting Gen Z, my generation, hard, right? Because a lot of Gen Zers have struggled to build any type of wealth with, you know, not only the current U.S. economy, but just generally the U.S. economy over the last 23 years. I'm 23. And so you see, you know, people specifically Gen Z saying, I shouldn't have been using these apps. and we're getting statistics like one in four buy now pay later users say they're installment loans to buy they're using installment loans to buy groceries according to surveys conducted in April and May by lending tree that's up 14% from a year before so again if you're at the point where you know we're going past due on credit cards and people feel like they need

to buy groceries with buy now pay later we're not in a great spot economically and you think about what Donald Trump is doing with all of this information that Americans are struggling and they need help? Well, the answer is nothing, except, you know, ranting on true social about garbage Q&N conspiracies, not signing any legislation, you know, rambling incoherently on stage all the time, and changing his mind over and over and over again on tariffs, which, again, goes back to the original article, the Bloomberg article we're going to get to in a second and how Europe has really started to take the stage for, you know, the new era, frankly, of economic dominance. This is a little bit of a timeline just to remind you, because, you know,

news is such a 24-hour cycle of how often this guy is flip-flopping on his tariffs. This is a really great article from Forbes outlining some of this. But I just want to quickly, you know, talk about some of this. Let's go to April 8th, which feels like forever ago. Caroline Levitt told reporters during a press briefing that Trump has directed his trade team to, quote, have Taylor made trade deals with each and every country that calls up this administration to strike a deal and emphasize Trump's intent intention to bring manufacturing of tech products to the U.S. saying the president absolutely he thinks iPhones and other products could be made in the U.S. On April 9th, the day after that, Trump told Americans to, quote, be cool after the stock

market plunged in response to his tariffs taking effect at 12.01 a.m. So this massive, you know, liberation day, we're slamming tariffs on everything. The stock market plunges. And he says, be cool. And that same day at 1 p.m., in a stunning about phase, Trump announced on true social, he was pausing the worst of his tariffs on most countries for 90 days, though he would continue a baseline 10% tariff rate and raises tariffs on most Chinese goods by 125%. This is flip-flop number six. And again, I remind you, just days before this, Caroline Levitt

was on stage saying Trump has no intention. He's made it very clear he's not pausing these tariffs. There's going to be no pause. They're full steam ahead. Trump himself said they're full steam ahead. And then all of a sudden, just instantaneously, like practically the next day, he's saying, oh, they're all paused. And then it goes on and on and on. If you are a U.S. business, watching this. Why would you have any confidence? Why would you want to invest any money in America? You wouldn't, right? You have no confidence. You're a CEO of a Fortune 500 company. You're like, I'm staying far away from this. And if you're a U.S. business right now, it's not even about if you're investing money. It's about like staying alive. You need to know how much things cost. And so many

business owners have come out and said, I can't do the uncertainty anymore because one day, you know, my business is completely different than it was the day before and the day before because the tariff goes from 100% to 50% to 75% to 0% on any given good. And again, this whole article is just him flip flopping, which has caused, again, a massive amount of uncertainty. You look at the Consumer Sentiment Report. The latest University of Michigan survey released on Friday, this is from two weeks ago, showed sentiment hit its second lowest reading on record. The index slid to a reading of 50.8 below the 52.2 seen last month and the 53.4 expected by economists. The reading was just shy of the all-time low of 50, seen in June of 2022. Now, we just got the most

recent, like literally yesterday, Consumer Center report, and it's about the same. It creeped up very slightly on the idea that Trump wasn't going to, you know, implement these massive tariffs that he wants to promise, which it's kind of hilarious if you think about it. It's like the economy is always reacting well when the president of the United States can't implement his own economic policy, which I feel like just basic logic there probably means not, it's not a great policy. But also in this, you know, the consumer sentiment report being like how Americans are feeling about their economic futures, how Americans are feeling economically right now with, you know, just everything going on, the reading was just shy of the all time low of 50 seen in June of 2022. And this is one of the lowest ever since, you know, 1981. June of 2022 is the middle of a pandemic. Donald Trump has the same effect on the economy as a pandemic, a virus that, you know, before this had no, you know, vaccine that was ravishing the world killing people. people, you know, closing supply chains. That's the level of uncertainty Donald Trump is inserting into the economy, the same level, again, as a virus, a pandemic. That is crazy to think

about. So we loop all the way back to what all of what I just said means. Take a look at what's in this Bloomberg article from today. Europe's equities have emerged clear winners worldwide as the region's economic outlook brightens at a time when President Donald Trump's trade war hobbles U.S. financial markets. Five months into the year, eight of the world's 10 best-performing stock markets are in Europe, according to data compiled by Bloomberg. That list features Germany's Dax Index with a rally of more than 30% in dollar terms, as well as peripheral markets, such as Slovenia, Poland, Greece, and Hungary. The Pan-European Stocks 600 Index is beating the S&P 500 by a record 18 percentage points in dollars, powered by Germany's historic

fiscal spending plans and a stronger euro market participants say there's more to come as resilient corporate earnings and attractive valuations make the region a safer bet when concern over trade and fiscal debts grips the U.S. economy. Again, most of that relating purely to just uncertainty, like all of these problems that we've already talked about over the last five or six or seven years in the United States about, you know, where our debt is at, how much money we're spending, what direction we should go in in the future. You can't even begin to solve any of that. that if you don't know what tomorrow brings and just the sheer level of uncertainty.

Quote, Europe is back on the map. We are getting more questions about Europe now over the last two months than we did over the last 10 years. And this is a head of investment strategy for RBC wealth management in the British Isles and Asia. The outperformance, if it last, will mark a turnaround from years of sluggishness

for European markets. And the rally may just feed on itself as stocks on the continent rise they're likely to attract fresh assets from around the world. Equity Bulls say. And so you look at some of these graphs. These are eight of the ten biggest gainers this year for the markets in Europe. Excuse me.

European stock market indexes dominate world's best performers. Here they are. Year-to-date gain in USD. You scroll down to some of these other graphs quickly. European stocks power ahead of the U.S. Major European benchmarks are outperforming the S&P 500 this year. Just absolutely getting. dominated. On the other side of the Atlantic, referring to the United States, investors are on

recession, watch again amid concerns around inflation and America's fiscal deficit. You look at that University of Michigan report I showed you, the consumer sentiment. They also do, the University of Michigan. They do an inflation report, a one-year expectation for where inflation will be at. They've done that since 1981. And for one year, right now, it's at, I think, 6.5 percent, somewhere around there, one of the highest reports for, you know, the expected inflation since, again, in 1981, fueled by tariffs. So again, you know, investors are growingly increasing, increasingly, excuse me, growing very unconfident. Sentiment towards treasuries took a hit in May after Moody's ratings stripped the U.S. of its top credit grade, with bond yields also

climbing in response to Trump's tax cut proposals. And in a blow to the president's trade agenda, a U.S. court has issued a rare rebuke blocking many of the import taxes. He has threatened and and imposed on key partners. A proposed tax measure is also raising alarm on Wall Street as it would increase tax rates for individuals and companies from countries with discriminatory, quote, discriminatory tax policies, potentially driving away foreign investors.

The S&P 500 rebounded in May, but remains a laggard for the year. The index has gained only about 0.5% in 2025 compared with a 12% jump in the MSCI-All Country World Index, excluding the United States, it also ranks 73rd among the 92 indexes tracked by Bloomberg. Of course, if there's a U.S. recession, no market would go unscathed. But the lack of exuberance in Europe makes it more resilient to a deeper sell-off. Investors had shunned the region for so long that inflows are still tiny compared

without flows of the past year. This article goes on to explain some of the other indexes we're seeing around the world, just surge as the U.S. lags behind. And again, why are we lagging behind? Because Donald Trump isn't doing anything. Well, I guess he's technically doing something, which is just like tariff on, tariff off, tariff on, tariff off. Anything of like actual substance, nothing. He signed less legislation than any administration up to this point in the past 70 years. Like, there's no, you know, big legislation on the horizon that's good. The one piece of legislation on the horizon is this big, beautiful bill that's, you know, taking a lot of

the way health care from people, increasing the deficit $3.8 trillion and giving tax cuts to the rich, meanwhile, Donald Trump, again, is like doing interviews with Fox News or getting on a stage, rambling incoherently, sending out true socials in the middle of the night about insane Q&O conspiracies of, like, Biden being, you know, dead and replaced with clones, which he literally did last night as I'm recording this. It's like, yeah, no wonder people don't have confidence. No wonder. And my hope, again, as I say, every video, maybe I'm, you know, too hopeful, is that if we all, all keep using our voices, there will be, the pressure is going to continue to build for a lot of these Republican senators and Congress people. I say this all the time. If constituents around the

United States are screaming, yelling at these individuals, at these town halls like we've seen, calling their offices saying this is unacceptable. We're seeing a coup in the United States by, you know, Donald Trump not listening to the judicial branch, just feeling as the executive, he can do whatever he wants. He has us in constitutional crisis. He's not. giving us any, anything, any good legislation. He has us in chaos. You know, the world is shifting toward Europe as the United States gets less behind. And if we all make our voices loud enough over and over and over again, something will have to be done. Listen, if you enjoyed this video, it mean a lot if you hit light and click subscribe, especially if you support Gen Z. Adam and I,

we try so hard on this channel to scream and yell about the dangers of Trump. And we're constantly looking for Gen Z voices to add. So again, if you appreciate that, hit like down below. It really means a lot. And my YouTube channel will be linked down below. Once again, my name is Chris Maurit. I'm filling in for Adam Mochler on the Adam Mochler channel. I appreciate everybody watching and I will see you in the next video.