Economist Yaruss: Mix tariffs with rate hikes and you've got a recession

Economist Howard Yaruss, a professor at New York University and the author of "Understandable Economics," talks about how tariffs work and why increasing the levies now could lead to stagflation — higher prices with a worse economy — depending on how consumers and the Federal Reserve react. Yaruss isn't predicting recession yet, but he does see the economy becoming more sluggish as businesses deal with uncertainty around tariffs. David Trainer, founder and president at New Constructs, has a surprising pick — a Magnificent Seven stock — for The Danger Zone, and Brian Frank, manager of the Frank Value Fund talks absolute-value investing in The Market Call. Plus, Chuck has a heartfelt message near the end of the show that long-time listeners -- and newcomers too -- deserve to hear.