Many people are now starting to realize (again) that they lack meaningful risk management and their financial health is in danger. The segments below offer some lucid economic observations.

Wall Street economists predict a US recession this year and a return to pandemic-level inflation due to the Trump administration’s announcement of major tariffs on global trading partners. Liz Ann Sonders, Charles Schwab Chief Investment Strategist, talks about the risks of rising inflation and what the Federal Reserve might do next. Here is a direct video link.

Bay street veteran and economist David Rosenberg says Trump’s latest tariffs will backfire on the U.S. as he predicts the loss on free trade with major partners will only drain U.S. GDP growth. Here is a direct video link.

Trump’s tariff policy just resulted in a 22% effective tariff rate in the US, the highest since 1909. The result is a crashing stock market and declining bond yields, with many people now assuming the US will hit a recession in 2025. Here is a direct video link.

Thanks for the shout out Jay Martin!

“Ultimately, you always have to be aware of your risk exposure within these crazy cycles.”@kdaniellepark pic.twitter.com/1yHngqUUmi

— Jay Martin (@JayMartinBC) April 4, 2025