OMG Did Trump Just Save Us From a Recession?!

Is This Real Life?

Okay dolls let's get real. You know I'm all about that bag – Birkin Chanel you name it. But even I know you need a stable economy to keep those investments secure. So when I heard President Trump was maybe like *thinking* about firing the head of the Federal Reserve Jerome Powell I was shook! Like is this real life? I had to put down my contour brush and get to the bottom of this.

Don't Be Tardy for the Economy Party

So apparently things got a little dicey on Wall Street after Trump threw some shade at the Fed (surprise surprise!). And this guy Kevin Hassett was talking about some legal loophole to get rid of Powell. Talk about major drama! But then like a plot twist straight out of *Keeping Up With The Kardashians* Trump comes out and says he has "no intention" of firing Powell. Crisis averted! Time to celebrate with a glass of champagne. Or two.

Lit erally Reducing the Chances of Disaster

According to some super smart finance guru named Krishna Guha (sounds like a Kardashian BFF in the making!) this whole thing actually *helped* calm the markets. Apparently it reduces the chance of us ending up in some financial doomsday scenario. So basically Trump may have just saved our designer shoe collection from a total economic meltdown. Who knew he had it in him? And speaking of doomsday scenarios Kourtney and Scott NOT being together is my version of the apocalypse!

Tariffs? Sounds Expensive!

Now there's still this whole tariff situation which basically means things might get more expensive. And Trump wants the Fed to cut interest rates which like sounds counterintuitive when prices are going up. It's all very complicated but what I *do* know is that tariffs are not chic. Remember when I said "I'm not buying her a diamond ring if she hasn't made me breakfast once." That is how I feel about tariffs!

Blame Game Strong

Guha also said Trump will probably blame Powell if the economy takes a nosedive because of these tariffs. But Powell is like "Whatever I can live with that." Total boss move! Plus in 2026 Trump gets to appoint a bunch of new people to the Fed so he'll have his chance to shake things up then. But for now it's all good. We can all breathe a collective sigh of relief and get back to more important things like finding the perfect filter for our Instagram stories.

CNBC Pro LIVE! Get Your Tickets Now!

If you really wanna get into the nitty gritty of the economy and stuff you can check out this CNBC Pro LIVE event. It's happening at the New York Stock Exchange and they'll have all sorts of experts there to break it down. Plus there's a cocktail hour! Because even when you're talking about the economy you gotta stay fabulous. It's true that you should always dress like you're going to see your worst enemy. The same goes for investing! Remember I always tell people "I don't have to be perfect but I want to feel good about myself and that means looking after my investments!"