In today's episode, we explore President Trump's comments on a potential 2025 recession and the mixed signals from recent economic data. We also delve into the surge in cryptocurrency markets following the announcement of a 'Crypto Strategic Reserve.' Plus, we analyze the February 2025 jobs report and its implications for the U.S. economy. Join us for these stories and more on Simply News Radio.

Sources:

https://www.youtube.com/watch?v=LoRzZWLHa8M

https://www.pbs.org/newshour/politics/trump-doesnt-rule-out-recession-while-downplaying-business-concerns-about-his-tariffs

https://time.com/7266187/trump-recession-tariffs-us-economy-ukraine-zelensky-conflict-interview/

https://www.businessinsider.com/trump-us-transition-period-does-not-rule-out-recession-2025-3

https://abcnews.go.com/Business/wireStory/major-retailers-tamper-expectations-2025-americans-slow-spending-119480325

https://www.politico.com/news/2025/03/09/trump-recession-tariffs-2025-economy-00220016

https://www.stlouisfed.org/from-the-president/remarks/2025/remarks-on-economic-outlook-and-monetary-policy

https://www.staffingindustry.com/news/global-daily-news/consumer-sentiment-hits-7-month-low

https://www.thestreet.com/investing/stocks/veteran-fund-manager-who-correctly-forecast-s-p-500s-drop-revamps-outlook

https://foreignpolicy.com/2025/03/06/trump-inflation-economic-growth-unemployment/

https://www.americanprogress.org/article/trump-is-sending-the-economy-in-the-wrong-direction/

https://nationaljeweler.com/articles/13693-consumer-confidence-fell-in-february-amid-concerns-about-the-future

https://www.investopedia.com/s-and-p-500-gains-and-losses-today-ai-stocks-fall-after-soft-outlook-from-marvell-technologies-11692470

https://abcnews.go.com/Business/fresh-jobs-report-offer-snapshot-us-economy-trump/story?id=119506893

https://www.ipsos.com/en-us/economy-key-insights-data-and-solutions-inflation-recession-consumer-confidence-and-more

https://www.nasdaq.com/articles/prediction-unstoppable-vanguard-etf-will-beat-sp-500-yet-again-2025

https://www.ssga.com/us/en/institutional/insights/weekly-economic-perspectives-03-march-2025

https://www.usbank.com/investing/financial-perspectives/market-news/is-a-market-correction-coming.html

https://www.frbsf.org/research-and-insights/publications/fedviews/2025/03/sf-fedviews-march-6-2025

https://www.morningstar.com/markets/march-2025-us-stock-market-outlook-tariffs-are-wild-card

https://www.annaly.com/news-insights/insights/2025/february-2025-macro-market-musings

https://fortune.com/2025/03/09/stock-market-outlook-sp500-rebound-selloff-trump-tariffs-fed-put/

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-establishes-the-strategic-bitcoin-reserve-and-u-s-digital-asset-stockpile/

https://www.whitehouse.gov/presidential-actions/2025/03/establishment-of-the-strategic-bitcoin-reserveand-united-states-digital-asset-stockpile/

https://www.youtube.com/watch?v=omP3GPxaVog

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-establishes-the-strategic-bitcoin-reserve-and-u-s-digital-asset-stockpile/

https://economictimes.com/markets/cryptocurrency/crypto-news/trumps-strategic-bitcoin-reserve-plan-whats-next-for-crypto-heres-what-experts-think/articleshow/118783017.cms

https://www.whitehouse.gov/presidential-actions/2025/03/establishment-of-the-strategic-bitcoin-reserveand-united-states-digital-asset-stockpile/

https://zebpay.com/blog/top-10-cryptos-to-invest-in-2025

https://www.realitystudies.co/p/trump-crypto-reserve-innovation-corruption-grift-scam-ada-sol-xrp-btc-eth

https://economictimes.com/news/international/us/crypto-market-today-march-5-2025-bitcoin-ethereum-top-gainers-losers-update/articleshow/118737580.cms

https://economictimes.com/news/international/us/crypto-market-today-06-march-2025-bitcoin-ethereum-xrp-top-gainers-losers/articleshow/118762241.cms

https://www.youtube.com/watch?v=bj3fAWuMo9A

https://www.youtube.com/watch?v=n7LmiJR5BR8

https://www.bls.gov/news.release/empsit.nr0.htm

https://www.foxbusiness.com/economy/us-jobs-report-february-2025

https://www.businessinsider.com/february-jobs-report-unemployment-rate-employment-federal-reserve-interest-rates-2025-3

https://www.youtube.com/watch?v=OSi6XK50pKI

https://www.bls.gov/news.release/pdf/empsit.pdf

https://www.axios.com/2025/03/07/unemployment-rate-jobs-report-february

https://www.morningstar.com/economy/forecasts-february-jobs-report-show-more-healthy-growth-now

https://www.youtube.com/watch?v=AxIGT8QYJTM

https://www.federalreserve.gov/monetarypolicy/beigebook202502-summary.htm

https://nul.org/jobs-report/2025/February

In today's episode, we delve into the recent spike in US factory gate price inflation, driven by new tariffs and supply chain issues, placing the US among the highest globally. We also explore the Bank of Canada's anticipated interest rate cut in response to US tariffs on Canadian goods, and its potential impact on the economy. Lastly, we analyze Japan's final GDP figures for Q4 2024, highlighting a fragile recovery driven by net exports, and discuss the outlook for 2025 amid global economic challenges.

Sources:

https://www.supplychaindive.com/news/pmi-february-2025-ism-s-and-p-trump-tariffs/741387/

https://www.prnewswire.com/news-releases/manufacturing-pmi-at-50-3-february-2025-manufacturing-ism-report-on-business-302388950.html

https://www.forexfactory.com/news/1330377-us-manufacturing-pmi-at-503-february-2025-manufacturing

https://wnegradio.com/usda-predicts-citizens-will-see-even-higher-food-prices-on-average-this-year/

https://www.business-standard.com/world-news/us-manufacturing-stable-in-february-but-storm-brewing-from-tariffs-125030301254_1.html

https://www.cmegroup.com/education/events/econoday/2025/03/feed636828.html

https://www.hellenicshippingnews.com/us-manufacturing-stable-in-february-but-storm-brewing-from-tariffs/

https://www.bea.gov/news/2025/us-international-trade-goods-and-services-january-2025

https://www.spglobal.com/marketintelligence/en/mi/research-analysis/week-ahead-economic-preview-week-of-10-march-2025.html

https://fred.stlouisfed.org/series/PCU322211322211P

https://acmanet.org/2025-state-of-the-industry-report/

https://fred.stlouisfed.org/series/WPU091411

https://theferrarigroup.com/2025-global-wide-pmi-activity-levels-improve-in-february/

https://www.bls.gov/schedule/2025/03_sched_list.htm

https://www.pmi.spglobal.com/Public/Home/PressRelease/56a83c0dc6ff48ec87a0d61334eea8dd

https://dosweb.dos.gov.jo/ppi_022025/

https://www.todaysmedicaldevelopments.com/news/tariffs-threaten-small-business-growth-increase-costs-across-industries/

https://www.ttnews.com/articles/manufacturing-february-2025

https://imacorp.com/insights/insurance-insights-manufacturing-outlook-the-impact-of-new-administration-tariffs

https://www.dentons.com/en/insights/alerts/2025/march/4/united-states-imposes-new-tariffs-on-canada

https://www.prnewswire.com/news-releases/manufacturing-pmi-at-50-3-february-2025-manufacturing-ism-report-on-business-302388950.html

https://budgetlab.yale.edu/research/fiscal-economic-and-distributional-effects-20-tariffs-china-and-25-tariffs-canada-and-mexico

https://www.manufacturingdive.com/news/pmi-february-2025-ism-s-and-p-trump-tariffs/741379/

https://www.ups.com/us/en/supplychain/resources/news-and-market-updates/2025-us-tariffs-impact-global-trade.page

https://www.packagingdive.com/news/tariffs-effective-us-canada-mexico-paper-aluminum/741410/

https://www.fredlaw.com/alert-u-s-tariff-update

https://www.gtlaw.com/en/insights/2025/3/tariffs-update-imposed-paused-changed-and-reciprocal-tariffs-involving-the-us-canada-china-and-mexico-as-of-march-7

https://storeys.com/boc-interest-rate-july-tariffs/

https://financialpost.com/news/economy/bank-of-canada-cut-likely-tariffs-cool-hiring

https://www.morningstar.ca/ca/news/261675/us-tariffs-may-force-bank-of-canada-to-weigh-giant-rate-cut-.aspx

https://www.bnnbloomberg.ca/business/economics/2025/03/04/bmo-rbc-say-interest-rates-could-fall-harder-and-faster-with-tariffs-in-play/

https://www.canada.ca/en/department-finance/news/2025/03/list-of-products-from-the-united-states-subject-to-25-per-cent-tariffs-effective-march-4-2025.html

https://stories.td.com/ca/en/article/will-bank-of-canada-cut-interest-rates-march-2025

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/

https://www.edwardjones.ca/ca-en/market-news-insights/stock-market-news/market-pulse/potential-tariff-impact

https://www.capitaleconomics.com/publications/bank-canada-watch/boc-cut-again-economy-stares-tariff-abyss

https://thoughtleadership.rbc.com/u-s-tariffs-on-canada-take-effect-what-is-the-state-of-play/

https://realeconomy.rsmus.com/us-tariffs-canada-volatility-recession

https://www.morningstar.com/news/dow-jones/20250309961/week-ahead-for-fx-bonds-us-inflation-data-bank-of-canada-decision-due

https://macenews.com/preview-japans-wobbly-3rd-straight-economic-growth-seen-intact-in-revised-q4-gdp-data-but-sluggish-consumption-exports-point-to-flat-q1-performance/

https://www.nippon.com/en/news/yjj2025030500971/

https://economic-research.bnpparibas.com/html/en-US/updated-economic-scenario-forecasts-Economic-Research-3-March-2025-3/3/2025,51187

https://www.scotiabank.com/ca/en/about/economics/economics-publications/post.other-publications.calendar-of-economic-release-dates.calendar-of-economic-release-dates--march-2025-.html

https://www.spglobal.com/marketintelligence/en/mi/research-analysis/week-ahead-economic-preview-week-of-10-march-2025.html

https://fred.stlouisfed.org/series/JPNNGDP

https://www.riotimesonline.com/economic-calendar-key-market-events-for-the-week-from-march-10-to-14-2025/

https://www.statista.com/statistics/1553747/japan-nominal-and-real-gdp-growth/

https://www.imf.org/en/Countries/JPN

https://fred.stlouisfed.org/series/JPNRGDPEXP

https://www.litefinance.org/blog/analysts-opinions/economic-calendar-for-the-week-10032025-16032025/

https://tradingeconomics.com/japan/calendar

https://www.statista.com/topics/11889/key-economic-indicators-of-japan/

The Trump administration's new tariffs on Canadian and Mexican imports spark trade tensions, while the latest U.S. jobs report shows slower growth. Federal Reserve Chair Jerome Powell addresses economic uncertainties, signaling a steady interest rate policy amid evolving trade policies. Explore the implications for businesses, consumers, and the global economy in this episode of Simply News.

Sources:

https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-adjusts-tariffs-on-canada-and-mexico-to-minimize-disruption-to-the-automotive-industry/

https://abcnews.go.com/Business/timeline-trump-tariffs-canada-mexico-china/story?id=119506883

https://www.whitehouse.gov/fact-sheets/2025/03/fact-sheet-president-donald-j-trump-proceeds-with-tariffs-on-imports-from-canada-and-mexico/

https://www.foxbusiness.com/economy/us-jobs-report-february-2025

https://www.bls.gov/news.release/archives/empsit_03072025.htm

https://americanstaffing.net/posts/2025/03/07/jobs-report-statement/

https://www.stlouisfed.org/on-the-economy/2025/mar/flash-report-unemployment-flows-point-modestly-softer-labor-market-conditions-february

https://www.businessinsider.com/february-jobs-report-unemployment-rate-employment-federal-reserve-interest-rates-2025-3

https://www.youtube.com/watch?v=28mwyJCm9VE

https://insight.factset.com/u.s.-unemployment-rate-is-projected-to-be-4.0-for-february-2025

https://www.rothstaffing.com/february-2025-jobs-report-u-s-economy-added-151000-jobs/

https://www.youtube.com/watch?v=Su5LlZpiaT8

https://www.youtube.com/watch?v=sBQVhbF1elo

https://abcnews.go.com/Business/wireStory/powell-federal-reserve-stay-hold-amid-widespread-economic-119559968

https://www.youtube.com/watch?v=sBQVhbF1elo

Explore the looming threat of stagflation in the U.S. economy as aggressive tariff hikes by President Trump could lead to stagnant growth and rising prices. Delve into the potential long-term impacts on domestic and global markets, and discuss policy measures to mitigate these effects. Plus, uncover the harsh economics of the Arctic, Australia's economic revival, and China's strategic growth targets amid trade war worries.

Sources:

https://www.wsj.com/economy/trade/what-is-stagflation-trump-tariffs-b8be754c

https://www.hindustantimes.com/world-news/the-harsh-economics-of-the-arctic-101740133153133.html

https://www.straitstimes.com/business/economy/australias-economic-growth-passes-trough-as-households-revive

https://www.cnbc.com/2025/03/05/china-reportedly-targets-around-5percent-growth-in-2025-amid-trade-war-worries.html

Outline:

(00:00:00) Introduction

(00:00:38) The Two-Headed Monster Stalking the Economy Has a Name: Stagflation

(00:04:07) The harsh economics of the Arctic

(00:07:04) Australia’s economic growth passes trough as households revive

(00:10:28) China reportedly targets around 5% GDP growth in 2025 amid trade war worries

Explore the contrasting economic landscapes of China and India as Beijing faces deflationary challenges while India experiences robust growth. Delve into the implications of these shifts on global markets, with insights into the Federal Reserve's inflation targets and the evolving role of U.S. economic statecraft. This episode provides a comprehensive analysis of how these economic dynamics could influence international trade and financial decisions worldwide.

Sources:

https://economictimes.indiatimes.com/news/international/business/beijings-deflation-dilemma-falling-prices-signal-bigger-troubles-ahead-for-chinas-economy/articleshow/118696889.cms

https://www.thedailystar.net/business/news/indias-economic-growth-picks-rising-govt-consumer-spending-3839011

https://www.cnbc.com/2025/03/03/inflation-will-move-toward-2percent-target-but-risks-to-outlook-are-rising-says-feds-musalem.html

https://news.virginia.edu/content/qa-us-role-international-economics-changing

Outline:

(00:00:00) Introduction

(00:00:46) Beijing's deflation dilemma: Falling prices signal bigger troubles ahead for China's economy

(00:03:29) India’s economic growth picks up on rising govt, consumer spending

(00:06:30) Inflation will move toward 2% target, but risks to outlook are rising, says Fed's Musalem

(00:09:35) Q&A: Is the U.S. Role in International Economics Changing?

Explore the rising fears of stagflation in the U.S. economy, as recent data reveals a troubling mix of inflation and slowing growth. Delve into Indonesia's ambitious Danantara fund and its implications for economic transparency and governance. Discover how China's DeepSeek is challenging AI economics with cost-efficient models, and learn about Turkey's unexpected economic growth exceeding forecasts. This episode provides a comprehensive analysis of these pivotal economic developments and their potential impact on the global stage.

Sources:

https://www.thestar.com.my/business/business-news/2025/03/03/us-stagflation-fears-rise-with-latest-economic-data

https://www.scmp.com/week-asia/economics/article/3300597/indonesias-danantara-fund-sparks-questions-over-economic-impact-transparency

https://www.wionews.com/business-economy/chinas-deepseek-shakes-up-ai-economics-8773236

https://eadaily.com/en/news/2025/03/02/turkeys-economic-growth-has-exceeded-all-forecasts

Outline:

(00:00:00) Introduction

(00:00:38) US stagflation fears rise with latest economic data

(00:03:51) Indonesia’s Danantara fund sparks questions over economic impact, transparency

(00:06:48) China's DeepSeek shakes up AI economics

(00:09:45) Turkey's economic growth has exceeded all forecasts: EADaily

Explore the intricate dynamics of global inflation post-pandemic, driven by supply and demand shocks, and the challenges they pose for central banks. Discover how Spain's embrace of foreign workers has propelled its economic growth beyond the US and Europe, offering a compelling counter-narrative to anti-immigration sentiments. This episode provides a comprehensive understanding of the global economic landscape and the strategic advantages of diversity in driving prosperity.

Sources:

https://libertystreeteconomics.newyorkfed.org/2025/02/supply-and-demand-drivers-of-global-inflation-trends/

https://www.newsday.com/news/nation/spain-migration-economy-growth-trump-us-g68006

https://libertystreeteconomics.newyorkfed.org/2025/02/global-trends-in-u-s-inflation-dynamics/

https://www.forbes.com/sites/simonmoore/2025/02/27/data-hints-at-us-consumer-weakness-but-q1-growth-still-expected-to-be-strong/

Outline:

(00:00:00) Introduction

(00:00:41) Supply and Demand Drivers of Global Inflation Trends

(00:03:57) Foreign workers help Spain's economic growth outpace the US and the rest of Europe

(00:07:42) Global Trends in U.S. Inflation Dynamics

(00:11:01) Data Hints At U.S. Consumer Weakness, But Q1 Growth Still Expected To Be Strong

Explore the potential long-term impacts of trade uncertainties between Canada and the U.S. on Canada's economy, as analyzed by RBC Senior Economist Claire Fan. Despite planned business investments, the stagnation in real investment since 2005 poses risks to productivity and living standards. This episode delves into the intricate dynamics of trade policies and economic health, emphasizing the need for strategic investment to secure Canada's future.

Sources:

https://www.bnnbloomberg.ca/business/economics/2025/02/26/weak-productivity-trade-issues-could-spur-structural-damage-in-the-economy-economist/

https://www.batimes.com.ar/news/economy/argentinas-gdp-shrank-18-in-2024-less-than-expected.phtml

https://www.fxstreet.com/analysis/us-rate-cut-expectations-grow-as-economic-data-sours-202502261019

https://buenosairesherald.com/economics/argentine-economy-shrinks-by-1-8-in-mileis-first-year-as-president

Outline:

(00:00:00) Introduction

(00:00:40) Weak productivity, trade issues could spur ‘structural damage’ in the economy: economist

(00:03:41) Argentina's GDP shrank less than expected in 2024

(00:06:53) US rate cut expectations grow as economic data sours

(00:09:45) Argentine economy shrinks by 1.8% in Milei’s first year as president

Explore the transformative rise of the UK's Net Zero economy, outpacing traditional sectors with significant job creation and investment. Delve into the implications of this green revolution for economic growth and sustainability. Plus, a deep dive into the sharp decline in US consumer confidence and its potential impact on global markets. Stay informed on international economic shifts, including tariff changes and central bank strategies, and gain insights from a Nobel laureate on the future of AI in the economy.

Sources:

https://www.installeronline.co.uk/industry-news/net-zero-economy-growing-at-a-faster-pace-than-rest-of-economy-cbi-reports/

https://www.voanews.com/a/us-consumer-confidence-drops-sharply-survey-shows/7987763.html

https://www.fxstreet.com/analysis/international-economic-outlook-202502241823

https://www.technologyreview.com/2025/02/25/1111207/a-nobel-laureate-on-the-economics-of-artificial-intelligence/

Outline:

(00:00:00) Introduction

(00:00:42) Net Zero economy growing at a faster pace than rest of economy, CBI reports

(00:04:22) US consumer confidence drops sharply, survey shows

(00:08:09) International economic outlook

(00:11:12) A Nobel laureate on the economics of artificial intelligence

Explore South Korea's strategic interest rate cut as it grapples with economic slowdown and political uncertainty. Delve into the complexities of calculating climate change's economic cost and why it might be a distraction. Plus, get insights into the international economic outlook with evolving tariff scenarios and personal finance strategies in uncertain times. This episode offers a comprehensive look at how global and personal economics intersect in today's challenging landscape.

Sources:

https://www.kaohooninternational.com/economics/553133

https://theconversation.com/calculating-the-economic-cost-of-climate-change-is-tricky-even-futile-its-also-a-distraction-248862

https://www.fxstreet.com/analysis/international-economic-outlook-202502241823

https://www.mprnews.org/episode/2025/02/24/managing-your-money-in-uncertain-economic-times

Outline:

(00:00:00) Introduction

(00:00:40) S.Korea Slashes Interest Rates as Economic Slows Down and Political Uncertainty Looms

(00:04:05) Calculating the economic cost of climate change is tricky, even futile – it’s also a distraction

(00:07:30) International economic outlook

(00:11:15) Managing your money in uncertain economic times