Why Elon Musk and Trump could fall flat with DOGE

Investors have largely ignored geopolitical risks in 2024, opting to instead latch onto bull stories such as AI and robust corporate earnings growth and Fed rate cuts. But the overlooking of key risks may not come into 2025 as president Trump promotes an America first economic agenda. Yahoo Finance executive editor Brian Sozzi chats with geopolitical strategist and New York Times best-selling author Peter Zeihan. Zeihan breaks down some of the top geopolitical risks for investors to know ahead of 2025 – one of them being Tesla CEO Elon Musk. How much risk will returning president Trump bring to tense geopolitical situations such as the Ukraine/Russia war? Will penalizing tariffs on China unleash new problems for the global economy? This latest episode dives into all of these topics and much more. Yahoo Finance's Opening Bid, brings you a high-octane take on the freshest analyst calls, wildest stock moves and shrewdest commentary in the business world. Executive Editor Brian Sozzi puts Wall Street's finest through their paces in this essential conversation for every investor - before the stock market opens. Find this episode's transcripts and more episodes of Opening Bid at http://finance.yahoo.com/videos/series/opening-bid/. Thoughts? Questions? Fan mail? Email us at yfpodcasts@yahooinc.com. 00:00-Peter Zeihan on Opening Bid 02:00-Trump tariffs 06:20-Are global leaders scared of Trump? 12:40-Looking at DOGE 17:50-Mass deportation under Trump 21:50-HOT TAKE Yahoo Finance's Opening Bid is hosted by Brian Sozzi, and produced by Rachael Lewis-Krisky. Peter Zeihan is an expert in geopolitics: the study of how place impacts financial, economic, cultural, political and military developments. He is the founder of Zeihan on Geopolitics, and author of The Absent Superpower, Disunited Nations, and The End of the World Is Just the Beginning. Learn more about your ad choices. Visit megaphone.fm/adchoices