Jeremy Siegel: Trump ‘cut a deal with the devil’ in Russia diesel agreement
Show transcript
I mean, very honestly, I don't like it. Looks like Trump cut a deal with the devil. Um, which is what I referred to Putin and uh politically I I'm not in favor of that. However, and I did see that it was a 20 cent per gallon reduction in the futures market u in uh uh diesel right at that point, which helps four or five%. Um uh the spokesman on in the previous show uh showed said it was maybe two or three days worth of diesel. Of course, it's supposed to be increased. Um it's not it's not a permanent solution uh at all. uh it's sort of a a short-term band-aid and um you know um you know cutting back on and or eliminating sanctions on Russia for the invasion in Ukraine I I think is a very unfortunate consequence.


