From Yahoo Finance: 2025-05-18 13:01:00

Financial expert Ramit Sethi is unapologetic about discussing politics, despite pushback from some followers. He emphasizes the link between money and politics, citing healthcare, housing, and college tuition as examples. Sethi also delves into how politics influences the stock market, urging investors to stay informed. He criticizes Trump’s tariffs as burdensome on the middle class and speculates on ulterior motives behind such policies. Sethi’s stance underscores the importance of discussing political issues in financial conversations. 1. The stock market saw a significant drop today, with the Dow Jones Industrial Average falling 500 points due to concerns over rising inflation and interest rates. This marks the largest single-day decline in over a month.

2. In global news, tensions are escalating between Russia and Ukraine as Russia continues to amass troops along the border. The U.S. and NATO have expressed concerns over the potential for a large-scale conflict in the region.

3. Health officials are urging the public to remain vigilant as COVID-19 cases continue to rise in several states. The Delta variant is driving the surge, prompting calls for increased vaccination efforts and continued mask-wearing in indoor spaces.

4. Tesla has announced plans to build a new manufacturing plant in Texas, which will focus on producing its new electric pickup truck. The facility is expected to create thousands of jobs and further solidify Tesla’s presence in the rapidly growing electric vehicle market.

Read more: Ramit Sethi Explains Why He Won’t Stop Talking About Politics: ‘Money Is Political’