Simply Economics

US Consumer Confidence Dips as Fed Holds Steady on Rates

In today's episode, we explore the sharp decline in US consumer confidence amid rising inflation expectations and policy uncertainty. We also delve into the Federal Reserve's decision to maintain interest rates and its implications for the economy. Join us as we discuss the potential impact on consumer spending and economic growth, and analyze the Fed's cautious approach in a volatile economic landscape.Sources:https://www.ipsos.com/en-us/march-2025-lsegipsos-primary-consumer-sentiment-indexhttps://www.cbsnews.com/news/consumer-sentiment-confidence-report-march-2025-tariffs-inflation-trump/https://www.advisorperspectives.com/dshort/updates/2025/03/14/consumer-sentiment-sinks-to-lowest-level-since-2022https://www.fxstreet.com/news/us-uom-consumer-sentiment-index-is-seen-declining-to-579-in-march-202503141404https://lipperalpha.refinitiv.com/reports/2025/03/consumer-confidence-continues-unsteady-start-to-2025-as-expectations-index-falls-sharply/https://www.seafoodsource.com/news/foodservice-retail/experts-see-worrisome-economic-indicators-in-the-u-shttps://www.axios.com/2025/03/14/consumer-sentiment-march-plunge-inflationhttps://www.capitaleconomics.com/publications/us-rapid-response/uni-michigan-consumer-sentiment-mar-2025https://www.investing.com/economic-calendar/michigan-consumer-sentiment-320https://www.floridarealtors.org/news-media/news-articles/2025/03/us-consumer-sentiment-dipshttps://www.peopleswealthmgmt.com/resources/2025/03/19/interest-rate-cuts-remain-likely-in-2025https://www.federalreserve.gov/newsevents/pressreleases/monetary20250319a.htmhttps://economics.td.com/us-fomc-statementhttps://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-march-2025https://equalsmoney.com/economic-calendar/events/fed-interest-rate-decisionhttps://www.ey.com/en_us/insights/strategy/macroeconomics/fomc-meetinghttps://abcnews.go.com/Business/fed-set-make-interest-rate-decision-outbreak-trade/story?id=119905993https://tradingeconomics.com/united-states/interest-ratehttps://www.federalreserve.gov/newsevents/pressreleases/monetary20250319b.htmhttps://www.jpmorgan.com/insights/outlook/economic-outlook/fed-meeting-march-2025https://www.raymondjames.com/gutowski/resources/2025/03/19/interest-rate-cuts-remain-likely-in-2025https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdfhttps://www.newyorkfed.org/medialibrary/media/markets/fomc-statement-20250319.pdf?sc_lang=enhttps://www.federalreserve.gov/monetarypolicy/fomcpresconf20250319.htmhttps://www.federalreserve.gov/monetarypolicy/fomcprojtabl20250319.htmhttps://www.youtube.com/watch?v=yo6dU3YUyZghttps://fraser.stlouisfed.org/title/federal-open-market-committee-meeting-minutes-transcripts-documents-677/meeting-march-18-19-2025-684019

Consumer Confidence Plummets as Global Economic Uncertainty Rises

In today's episode, we delve into the sharp decline in US consumer confidence, with a 27.1% drop from last year, and explore the Federal Reserve's decision to maintain interest rates amid economic uncertainty. We also examine the surge in global economic policy uncertainty driven by escalating trade tensions, and its impact on growth projections and financial markets. Join us as we discuss the implications for consumers, businesses, and policymakers navigating this complex economic landscape.Sources:https://www.ipsos.com/en-us/march-2025-lsegipsos-primary-consumer-sentiment-indexhttps://getfea.com/end-use/university-of-michigan-releases-preliminary-results-of-its-consumer-sentiment-index-for-marchhttps://thumbwind.com/2025/03/17/consumer-confidence-in-michigan/https://www.cbsnews.com/news/consumer-sentiment-confidence-report-march-2025-tariffs-inflation-trump/https://lipperalpha.refinitiv.com/reports/2025/03/consumer-confidence-continues-unsteady-start-to-2025-as-expectations-index-falls-sharply/https://www.advisorperspectives.com/dshort/updates/2025/03/14/consumer-sentiment-sinks-to-lowest-level-since-2022https://www.axios.com/2025/03/14/consumer-sentiment-march-plunge-inflationhttps://www.retaildive.com/news/tariffs-trigger-plunge-consumer-sentiment-inflation-Trump-trade-Fed-Federal-Reserve-Powell/742733/https://www.youtube.com/watch?v=mObpNmIv0Wohttps://www.seafoodsource.com/news/foodservice-retail/experts-see-worrisome-economic-indicators-in-the-u-shttps://www.federalreserve.gov/newsevents/pressreleases/monetary20250319a1.htmhttps://www.foxbusiness.com/economy/federal-reserve-interest-rate-decision-march-2025https://mp.morningstar.com/en-us/articles/blt49b55f54e3648c8b/fed-holds-rates-steady-cuts-2025-growth-projectionhttps://www.federalreserve.gov/mediacenter/files/FOMCpresconf20250319.pdfhttps://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdfhttps://www.federalreserve.gov/monetarypolicy/fomcprojtabl20250319.htmhttps://www.visualcapitalist.com/global-economic-policy-uncertainty-1997-2025/https://tradingeconomics.com/united-states/economic-policy-uncertainty-index-for-united-states-fed-data.htmlhttps://www.centralbank.ie/news/article/quarterly-bulletin-2025-1---unprecedented-rise-in-policy-uncertainty-due-to-shift-in-geoeconomic-relationshipshttps://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdfhttps://www.federalreserve.gov/monetarypolicy/fomcprojtabl20250319.htmhttps://www.csis.org/analysis/policy-volatility-beckons-disorderly-economic-transitionhttps://en.macromicro.me/charts/26279/us-epuhttps://www.spglobal.com/market-intelligence/en/news-insights/research/global-economic-outlook-march-2025https://www.oecd.org/content/dam/oecd/en/publications/reports/2025/03/OECD-IEO-03-2025/IEO-PPT-EN-march-2025.pdfhttps://www.oecd.org/en/publications/oecd-economic-outlook-interim-report-march-2025_89af4857-en.htmlhttps://www.fitchratings.com/research/sovereigns/world-growth-forecasts-cut-sharply-as-us-starts-global-trade-war-18-03-2025

U.S. Manufacturing Rebounds Amid Economic Uncertainty

The U.S. manufacturing sector shows signs of recovery after 26 months of contraction, with the Manufacturing PMI expanding for two consecutive months. However, challenges such as declining new orders and rising prices pose risks to sustained growth. Meanwhile, the OECD downgrades the U.S. GDP growth forecast, citing trade tensions and domestic challenges. Join us as we explore the implications of these developments on the economy and future outlook.Sources:https://trcelectronics.com/blogs/news/quarterly-update-q1-2025https://www.translogisticsinc.com/blog/inflation-data-and-u-s-manufacturing-sector-expands-for-a-second-monthhttps://riverreporter.com/stories/sba-announces-made-in-america-manufacturing-initiative,187884https://www.newyorkfed.org/survey/empire/empiresurvey_overviewhttps://fred.stlouisfed.org/series/MANEMPhttps://sourceability.com/post/semiconductor-industry-news---march-2025https://www.census.gov/economic-indicators/https://www.manufacturingdive.com/news/sba-launches-made-in-america-manufacturing-initiative/742623/https://www.bls.gov/news.release/pdf/ppi.pdfhttps://www.marketplace.org/2025/03/17/a-federal-reserve-index-points-to-a-manufacturing-slowdown-in-new-york-and-possibly-elsewhere/https://www.geaerospace.com/news/press-releases/ge-aerospace-invest-nearly-1b-us-manufacturing-2025https://www.atb.com/company/insights/the-twenty-four/oecd-economic-outlook-march-2025/https://www.goldmansachs.com/insights/articles/why-the-us-economy-may-grow-more-slowly-than-expectedhttps://readthejoe.com/economy/oecd-slashes-us-growth-forecast-to-2-2-as-trump-tariffs-take-toll/https://www.youtube.com/watch?v=VbhKWlGg354https://primarynewssource.org/sourcedocument/oecd-economic-outlook-interim-report-march-2025/https://www.supplychainbrain.com/articles/41374-oecd-predicts-global-growth-slowdown-because-of-trump-trade-warshttps://www.upi.com/Top_News/World-News/2025/03/17/France-OECD-issues-global-growth-warning/5301742212377/https://www.conference-board.org/research/us-forecasthttps://www.oecd.org/en/publications/oecd-economic-outlook-interim-report-march-2025_89af4857-en.htmlhttps://investmacro.com/2025/03/the-oecd-downgraded-its-growth-expectations-for-the-g20-economies-oil-prices-rose-for-the-third-consecutive-session/https://fortune.com/2025/03/11/goldman-sachs-chief-economist-downgrades-entire-us-economy-trump-tariffs-markets/https://www.fitchratings.com/research/sovereigns/world-growth-forecasts-cut-sharply-as-us-starts-global-trade-war-18-03-2025https://www.spectator.co.uk/article/the-oecds-growth-downgrade-is-yet-another-headache-for-reeves/

Major Investments Boost U.S. Manufacturing and Global Trade Hits Record High

In today's episode, we explore GE Aerospace's $1 billion investment in U.S. manufacturing, creating 5,000 new jobs, and Asahi Group's $35 million expansion in Wisconsin. We also discuss Merck's new $1 billion vaccine facility in North Carolina. On the global front, trade reaches a record $33 trillion in 2024, driven by a surge in the services sector. Join us for insights into these significant economic developments and their implications for the future.Sources:https://www.supplychain247.com/article/ge-aerospace-invest-1-billion-investment-manufacturinghttps://www.rocketcitynow.com/article/tech/science/aerospace/ge-aerospace-1-billion-investment-huntsville-auburn-manufacturing-jobs-innovation/525-afcc5d37-cc65-4c2a-a753-6a4d3e59fe21https://www.foxbusiness.com/lifestyle/ge-aerospace-invest-nearly-1b-us-manufacturinghttps://3dprinting.com/news/ge-aerospace-plans-1-billion-u-s-manufacturing-investment/https://wlos.com/news/local/ge-aerospace-investing-20m-in-asheville-and-23m-in-greenville-chris-ubillus-billion-employment-helicopter-aircraft-seth-sanert-ryan-james-western-north-carolina-innovation-lawrence-culp-jrhttps://www.geaerospace.com/news/press-releases/ge-aerospace-invest-nearly-1b-us-manufacturing-2025https://www.investing.com/news/stock-market-news/asahi-sets-sights-on-us-market-amid-tariff-uncertainties--wsj-93CH-3924410https://mynbc15.com/news/nation-world/america-is-roaring-back-wh-touts-trumps-success-at-decelerating-inflation-white-house-press-secretary-karoline-leavitt-prices-cost-economy-deregulation-money-taxpayers-savingshttps://thenationaldesk.com/news/americas-news-now/meta-amazon-among-major-tech-companies-pledging-to-triple-nuclear-energy-capacityhttps://www.whitehouse.gov/articles/2025/03/president-trump-is-remaking-america-into-a-manufacturing-superpower/https://thenationaldesk.com/news/americas-news-now/soros-organization-gave-18m-to-group-watching-us-for-civic-freedom-concerns-report-says?photo=1https://thenationaldesk.com/news/americas-news-now/america-is-roaring-back-wh-touts-trumps-success-at-decelerating-inflation-white-house-press-secretary-karoline-leavitt-prices-cost-economy-deregulation-money-taxpayers-savingshttps://www.whitehouse.gov/briefings-statements/2025/03/winning-inflation-eases-as-job-creation-soars-and-border-security-pays-off/https://katv.com/news/nation-world/america-is-roaring-back-wh-touts-trumps-success-at-decelerating-inflation-white-house-press-secretary-karoline-leavitt-prices-cost-economy-deregulation-money-taxpayers-savingshttps://www.thomasnet.com/insights/merck-north-carolina-vaccine-plant/https://manufacturing-today.com/news/mercks-1b-investment-expands-us-vaccine-capacity/https://spectrumlocalnews.com/nc/charlotte/news/2025/03/11/merk-opens-new--1-billion-durham-vaccine-manufacturing-facility-https://www.investing.com/news/company-news/merck-opens-1-billion-vaccine-facility-in-north-carolina-93CH-3919991https://www.merck.com/news/merck-unveils-new-facility-to-increase-vaccine-production-capacity/https://www.nasdaq.com/press-release/merck-unveils-new-facility-increase-vaccine-production-capacity-2025-03-11https://www.biospace.com/press-releases/merck-unveils-new-facility-to-increase-vaccine-production-capacityhttps://www.biopharmadive.com/news/merck-manufacturing-north-carolina-vaccines/742146/https://www.nasdaq.com/articles/merck-expands-us-vaccine-manufacturing-1-billion-durham-facilityhttps://www.fiercepharma.com/manufacturing/merck-opens-1b-vaccine-manufacturing-facility-north-carolinahttps://www.biospace.com/business/good-day-for-gardasil-as-merck-wins-safety-suit-drops-1b-for-manufacturing-pushhttps://www.thepharmaletter.com/merck-unveils-new-billion-dollar-vaccine-facilityhttps://abc11.com/post/drugmaker-merck-opens-new-vaccine-manufacturing-facility-north-durham/16007474/https://www.brecorder.com/news/40352411https://spectrumlocalnews.com/nc/coastal/news/2025/03/11/merk-opens-new--1-billion-durham-vaccine-manufacturing-facility-https://firstwordpharma.com/story/5941303https://cleanroomtechnology.com/merck-unveils-1bn-facility-to-boost-vaccine-productionhttp://www.wlos.com/news/nation-world/america-is-roaring-back-wh-touts-trumps-success-at-decelerating-inflation-white-house-press-secretary-karoline-leavitt-prices-cost-economy-deregulation-money-taxpayers-savingshttps://www.aa.com.tr/en/economy/global-trade-hits-record-high-of-33t-in-2024/3509999https://globalbihari.com/global-trade-under-pressure-in-2025-unctad/https://english.news.cn/20250315/4b3bd9eae8e64e488f87e14c1b8b07d3/c.htmlhttps://economictimes.indiatimes.com/news/economy/foreign-trade/india-china-outperform-global-trade-in-2024-trade-resilience-stressed-in-2025-unctad/articleshow/119018458.cmshttps://www.wttlonline.com/stories/tariffs-creating-global-trade-uncertainty,13588https://group.dhl.com/en/media-relations/press-releases/2025/dhl-trade-atlas-2025.htmlhttps://www.theelephant.info/analysis/2025/03/12/africas-geopolitical-recalibrations-in-a-multipolar-world/https://aircargoweek.com/global-trade-to-grow-despite-us-policy-shifts-dhl-trade-atlas-2025/https://www.dhl.com/global-en/microsites/core/global-connectedness/trade-atlas.htmlhttps://www.wam.ae/en/category/middle-easthttps://economictimes.com/news/economy/foreign-trade/india-china-outperform-global-trade-in-2024-trade-resilience-stressed-in-2025-unctad/articleshow/119018458.cmshttps://www.youtube.com/watch?v=U48Bdn2XSaYhttps://govtechglobal.orghttps://www.ajot.com/news/global-trade-in-2025-resilience-under-pressurehttps://economictimes.com/articleshow/119018458.cmshttps://www.spglobal.com/en/research-insights/market-insights/global-trade/global-trade-activityhttps://en.empresaexterior.com/art/94385/World-trade-in-goods-is-gradually-recovering-with-growth-forecasts-of-27%25-by-2024,-according-to-the-WTOhttps://www.bastillepost.com/global/article/4659529-global-trade-hits-record-33-trillion-usd-in-2024-un-report

GE Aerospace’s $1 Billion Boost: Transforming U.S. Manufacturing and Job Market

In today's episode, we delve into GE Aerospace's groundbreaking $1 billion investment in U.S. manufacturing, set to create 5,000 new jobs and enhance domestic production capabilities. We explore the impact on both commercial and military sectors, the focus on innovation with advanced materials, and the broader economic implications. Plus, we discuss the latest global economic indicators and new tariffs affecting market stability. Join us for these stories and more on Simply News Radio.Sources:https://www.benzinga.com/trading-ideas/movers/25/03/44277627/ge-aerospace-doubles-down-on-us-manufacturing-with-1b-investment-detailshttps://www.geaerospace.com/company/investing-in-manufacturinghttps://www.supplychain247.com/article/ge-aerospace-invest-1-billion-investment-manufacturinghttps://executivebiz.com/2025/03/ge-aerospace-invest-nearly-1b-us-manufacturing-2025/https://www.manufacturingdive.com/news/ge-aerospace-nearly-1-billion-investment-u-s-engine-suppliers/742313/https://simpleflying.com/ge-aerospace-invest-1-billion-grow-us-engine-production-hire-5000/https://www.sciotopost.com/ge-aerospace-to-invest-113-million-in-greater-cincinnati-as-part-of-1-billion-nationwide-manufacturing-boost/https://wlos.com/news/local/ge-aerospace-investing-20m-in-asheville-and-23m-in-greenville-chris-ubillus-billion-employment-helicopter-aircraft-seth-sanert-ryan-james-western-north-carolina-innovation-lawrence-culp-jrhttps://www.geaerospace.com/news/press-releases/ge-aerospace-invest-nearly-1b-us-manufacturing-2025https://www.rocketcitynow.com/article/tech/science/aerospace/ge-aerospace-1-billion-investment-huntsville-auburn-manufacturing-jobs-innovation/525-afcc5d37-cc65-4c2a-a753-6a4d3e59fe21https://kfgo.com/2025/03/12/ge-aerospace-to-invest-about-1-billion-in-us-manufacturing-this-year/

Economic Forecasts, Market Turmoil, and Airline Adjustments: Navigating Uncertainty

In today's episode, we delve into the American Bankers Association's forecast for 2025-2026, highlighting steady growth amid recession risks. We also explore the Nasdaq's significant decline driven by trade policy concerns, with a focus on Tesla's dramatic stock drop. Additionally, we examine Delta Air Lines' revised financial outlook due to weakening travel demand, reflecting broader challenges in the aviation industry. Join us for an in-depth analysis of these pressing economic issues.Sources:https://www.aba.com/about-us/press-room/press-releases/economic-advisory-committee-forecast-march-2025https://www.welchforbes.com/insights/economic-outlook-march-2025/https://bankbeat.biz/economist-uncertainty-reigns-in-25-amid-potential-tariffs-recession/https://www.ecb.europa.eu/press/projections/html/ecb.projections202503_ecbstaff~106050a4fa.en.htmlhttps://kpmg.com/us/en/articles/2025/march-2025-economic-compass.htmlhttps://theusaleaders.com/news/us-economy-in-trouble/https://www.conference-board.org/research/us-forecasthttps://njbmagazine.com/njb-news-now/bank-economists-see-emerging-risks-to-growth-and-inflation/https://bankingjournal.aba.com/category/economy/https://lifestylemonitor.cottoninc.com/monthly-economic-letter-march-2025/https://www.mba.org/news-and-research/newsroom/news/2025/03/12/mortgage-applications-increase-in-latest-mba-weekly-surveyhttps://www.banque-france.fr/en/publications-and-statistics/publications/macroeconomic-interim-projections-march-2025https://bankingjournal.aba.com/2025/03/aba-advises-flexibility-in-california-climate-law-regulations/https://bankingjournal.aba.com/2025/03/feds-powell-uncertainty-remains-around-effects-of-trump-policies/https://www.cbo.gov/publication/61249https://www.aba.com/about-us/press-roomhttps://www.mcrcc.org/the-daily-update-wednesday-march-12-2025-1160/https://time.com/7266926/stock-market-drop-trump-trade-war/https://www.nasdaq.com/articles/stock-market-news-mar-10-2025https://www.9news.com/article/news/nation-world/wall-street-stock-market-march-10-2025-dow-drops/507-d02bac8d-ea40-42a1-a855-f2ec690c9acdhttps://economictimes.com/news/international/us/tesla-stock-price-drop-on-march-11-2025-why-tsla-shares-fell-elon-musks-response-and-future-outlook/articleshow/118893552.cmshttps://www.nasdaq.com/articles/why-tesla-stock-surging-today-1https://www.investopedia.com/tesla-stock-erases-post-election-gains-among-leading-s-and-p-decliners-monday-11693811https://www.teslarati.com/elon-musk-comments-on-teslas-massive-monday-stock-slide/https://www.nasdaq.com/articles/tesla-stock-dropped-14-today-heres-why-decline-will-continuehttps://fortune.com/2025/03/10/tesla-shares-plummet-as-wall-street-rethinks-sales-projections/https://www.investopedia.com/dow-jones-today-03102025-11693786https://www.morningstar.com/stocks/tesla-stock-plunges-fears-deliveries-will-see-large-drophttps://www.bnnbloomberg.ca/video/shows/the-close/2025/03/11/tesla-stock-drops-as-competition-heats-up/https://www.investopedia.com/delta-stock-drops-after-airline-cuts-sales-profit-outlook-11694390https://www.aerotime.aero/articles/delta-revises-1q25-financial-outlookhttps://viewfromthewing.com/delta-air-lines-just-sounded-the-alarm-on-the-economy-profit-forecast-cut-up-to-70-as-stock-plunges/https://news.delta.com/delta-provides-investor-updatehttps://valdostaceo.com/news/2025/03/atlanta-based-delta-air-lines-cuts-revenue-forecast-citing-reduction-consumer-confidence/https://www.tipranks.com/news/company-announcements/delta-air-lines-lowers-revenue-forecast-for-q1-2025https://www.investing.com/news/swot-analysis/american-airlines-swot-analysis-stock-outlook-amid-industry-shifts-93CH-3924797https://www.investing.com/news/transcripts/southwest-airlines-at-jp-morgan-conference-strategic-shift-to-boost-revenue-93CH-3921624https://www.nasdaq.com/articles/southwest-airlines-stock-rises-834-tuesdays-trading-heres-howhttps://stockstotrade.com/news/american-airlines-group-inc-aal-news-2025_03_12/https://www.southwestairlinesinvestorrelations.com/~/media/Files/S/Southwest-IR/documents/20250311-investor-update.pdfhttps://skift.com/2025/03/11/more-us-airlines-lower-outlook-due-to-economic-uncertainty/https://www.prnewswire.com/news-releases/southwest-airlines-outlines-changes-to-drive-revenue-growth-and-reward-its-most-loyal-customers-302398231.htmlhttps://www.investopedia.com/americans-aren-t-traveling-as-much-as-airlines-expected-this-year-11694535https://www.tipranks.com/news/company-announcements/southwest-airlines-revises-q1-2025-financial-guidancehttps://www.travelweekly.com/Travel-News/Airline-News/US-airlines-revise-forecasts-with-demand-softeninghttps://www.southwestairlinesinvestorrelations.com/news-and-events/news-releases/2025/03-11-2025-104345840

U.S. Economic Shake-Up: Controversial GDP Proposal and New Tariffs

In today's episode, we delve into the Trump administration's controversial proposal to exclude government spending from GDP calculations, sparking debate among economists. We also cover the newly imposed tariffs on imports from Canada, Mexico, and China, and their potential impact on the U.S. economy. Join us as we explore the implications of these significant economic changes and the global response to escalating trade tensions.Sources:https://www.argusmedia.com/en/news-and-insights/latest-market-news/2664009-atlanta-fed-model-sees-2.8pc-us-1q-gdp-drophttps://blog.independent.org/2025/03/10/trump-economic-outlook-policy-shifts-impact/https://taxfoundation.org/research/all/federal/trump-tax-cuts-2025-budget-reconciliation/https://www.morningbrew.com/stories/2025/03/04/trump-admin-wants-to-change-the-gdp-formulahttps://foreignpolicy.com/2025/03/06/nato-5-percent-defense-spending-trump-russia-ukraine/https://www.americanprogress.org/article/trump-is-sending-the-economy-in-the-wrong-direction/https://russellinvestments.com/au/blog/potential-policy-changes-us-2025https://www.invesco.com/middle-east/en/insights/is-us-headed-for-drop-in-gdp-growth.htmlhttps://www.bea.gov/news/glancehttps://insurance-portal.ca/article/president-trumps-policies-upset-economists-forecasts/https://www.invesco.com/us/en/insights/us-drop-gdp-growth.htmlhttps://www.welchforbes.com/insights/economic-outlook-march-2025/https://www.cato.org/blog/keep-politics-out-gdp-calculationshttps://time.com/7265290/is-the-us-heading-into-a-recession-under-trump-what-to-know/https://ny1.com/nyc/all-boroughs/politics/2025/03/06/donald-trump-tariffs-trade-policy-impact-on-businesseshttps://fortune.com/2025/03/07/treasury-secretary-scott-bessent-us-economy-detox-government-spending-trump/https://www.nbcwashington.com/news/business/money-report/all-negative-economic-data-is-biden-data-and-trump-will-fix-the-economy-commerce-chief-lutnick-says/3859223/?os=f%3Fno_journeys%3Dtruehttps://econlife.com/2025/03/keeping-the-gdp/https://www.ctvnews.ca/world/article/trump-declines-to-rule-out-2025-us-recession/https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20https://www.whitecase.com/insight-alert/china-retaliates-tariffs-and-non-tariff-measures-response-trumps-additional-tariffshttps://www.oxfordeconomics.com/resource/trumps-tariffs-pose-uneven-subnational-risks-across-the-eu/https://www.dentons.com/en/insights/alerts/2025/march/4/united-states-imposes-new-tariffs-on-canadahttps://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-7https://www.clearytradewatch.com/2025/03/the-eus-possible-response-to-trump-ii-tariffs/https://www.canada.ca/en/department-finance/news/2025/03/canada-announces-robust-tariff-package-in-response-to-unjustified-us-tariffs.htmlhttps://www.thompsonhinesmartrade.com/2025/03/tariffs-against-china-and-hong-kong-increase-to-20-on-march-4-2025/https://commonslibrary.parliament.uk/us-tariffs-on-eu-goods-what-could-it-mean-for-northern-ireland/https://www.cbp.gov/newsroom/announcements/official-cbp-statement-tariffshttps://www.hklaw.com/en/insights/publications/2025/03/us-implements-threatened-tariffs-on-canada-mexico-and-chinahttps://www.euronews.com/business/2025/03/07/trump-claims-us-is-being-ripped-off-by-europeans-and-globalists-as-markets-diphttps://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.htmlhttps://sanctionsnews.bakermckenzie.com/china-retaliatory-measures-against-trump-tariffs-announced-on-march-4-2025/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.cbsnews.com/news/china-tariffs-us-farmers/https://www.tradecomplianceresourcehub.com/2025/03/06/trump-2-0-tariff-tracker/https://www.idfa.org/news/idfa-statement-on-potential-u-s-tariff-on-canadian-dairy-productshttps://abcnews.go.com/Politics/trump-canada-mexico-tariffs-stop-bleeding-us-economy/story?id=119591822https://www.whitecase.com/insight-alert/us-tariffs-canada-and-mexico-enter-effect-tariff-china-rises-10-20https://www.globaltrademag.com/the-economic-and-geopolitical-consequences-of-trumps-tariffs-a-2025-perspective/https://www.dentons.com/en/insights/alerts/2025/march/4/united-states-imposes-new-tariffs-on-canadahttps://abcnews.go.com/Business/timeline-trump-tariffs-canada-mexico-china/story?id=119506883https://taxfoundation.org/research/all/federal/trump-tariffs-trade-war/https://thoughtleadership.rbc.com/what-is-the-impact-of-tariffs-on-the-us-economy/https://www.youtube.com/watch?v=WDolr3MiYmQhttps://www.gisreportsonline.com/r/trump-tariffs/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/

Trump’s Economic Predictions and Crypto Surge: Navigating Uncertainty

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=LoRzZWLHa8Mhttps://www.pbs.org/newshour/politics/trump-doesnt-rule-out-recession-while-downplaying-business-concerns-about-his-tariffshttps://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-2025-3https://abcnews.go.com/Business/wireStory/major-retailers-tamper-expectations-2025-americans-slow-spending-119480325https://www.politico.com/news/2025/03/09/trump-recession-tariffs-2025-economy-00220016https://www.stlouisfed.org/from-the-president/remarks/2025/remarks-on-economic-outlook-and-monetary-policyhttps://www.staffingindustry.com/news/global-daily-news/consumer-sentiment-hits-7-month-lowhttps://www.thestreet.com/investing/stocks/veteran-fund-manager-who-correctly-forecast-s-p-500s-drop-revamps-outlookhttps://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-futurehttps://www.investopedia.com/s-and-p-500-gains-and-losses-today-ai-stocks-fall-after-soft-outlook-from-marvell-technologies-11692470https://abcnews.go.com/Business/fresh-jobs-report-offer-snapshot-us-economy-trump/story?id=119506893https://www.ipsos.com/en-us/economy-key-insights-data-and-solutions-inflation-recession-consumer-confidence-and-morehttps://www.nasdaq.com/articles/prediction-unstoppable-vanguard-etf-will-beat-sp-500-yet-again-2025https://www.ssga.com/us/en/institutional/insights/weekly-economic-perspectives-03-march-2025https://www.usbank.com/investing/financial-perspectives/market-news/is-a-market-correction-coming.htmlhttps://www.frbsf.org/research-and-insights/publications/fedviews/2025/03/sf-fedviews-march-6-2025https://www.morningstar.com/markets/march-2025-us-stock-market-outlook-tariffs-are-wild-cardhttps://www.annaly.com/news-insights/insights/2025/february-2025-macro-market-musingshttps://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=omP3GPxaVoghttps://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.cmshttps://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-2025https://www.realitystudies.co/p/trump-crypto-reserve-innovation-corruption-grift-scam-ada-sol-xrp-btc-ethhttps://economictimes.com/news/international/us/crypto-market-today-march-5-2025-bitcoin-ethereum-top-gainers-losers-update/articleshow/118737580.cmshttps://economictimes.com/news/international/us/crypto-market-today-06-march-2025-bitcoin-ethereum-xrp-top-gainers-losers/articleshow/118762241.cmshttps://www.youtube.com/watch?v=bj3fAWuMo9Ahttps://www.youtube.com/watch?v=n7LmiJR5BR8https://www.bls.gov/news.release/empsit.nr0.htmhttps://www.foxbusiness.com/economy/us-jobs-report-february-2025https://www.businessinsider.com/february-jobs-report-unemployment-rate-employment-federal-reserve-interest-rates-2025-3https://www.youtube.com/watch?v=OSi6XK50pKIhttps://www.bls.gov/news.release/pdf/empsit.pdfhttps://www.axios.com/2025/03/07/unemployment-rate-jobs-report-februaryhttps://www.morningstar.com/economy/forecasts-february-jobs-report-show-more-healthy-growth-nowhttps://www.youtube.com/watch?v=AxIGT8QYJTMhttps://www.federalreserve.gov/monetarypolicy/beigebook202502-summary.htmhttps://nul.org/jobs-report/2025/February

Trade Tensions Rise with New Tariffs; Fed Maintains Cautious Stance

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-10-20https://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=119506883https://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-2025https://www.bls.gov/news.release/archives/empsit_03072025.htmhttps://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-februaryhttps://www.businessinsider.com/february-jobs-report-unemployment-rate-employment-federal-reserve-interest-rates-2025-3https://www.youtube.com/watch?v=28mwyJCm9VEhttps://insight.factset.com/u.s.-unemployment-rate-is-projected-to-be-4.0-for-february-2025https://www.rothstaffing.com/february-2025-jobs-report-u-s-economy-added-151000-jobs/https://www.youtube.com/watch?v=Su5LlZpiaT8https://www.youtube.com/watch?v=sBQVhbF1elohttps://abcnews.go.com/Business/wireStory/powell-federal-reserve-stay-hold-amid-widespread-economic-119559968https://www.youtube.com/watch?v=sBQVhbF1elo

Stagflation Threatens U.S. Economy Amid Tariff Tensions

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-b8be754chttps://www.hindustantimes.com/world-news/the-harsh-economics-of-the-arctic-101740133153133.htmlhttps://www.straitstimes.com/business/economy/australias-economic-growth-passes-trough-as-households-revivehttps://www.cnbc.com/2025/03/05/china-reportedly-targets-around-5percent-growth-in-2025-amid-trade-war-worries.htmlOutline:(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