Global Economic Slowdown: S&P’s Gloomy Forecast and Canada’s Recession Fears episode artwork

EPISODE · Mar 25, 2025 · 10 MIN

Global Economic Slowdown: S&P’s Gloomy Forecast and Canada’s Recession Fears

from Simply Finance · host Simply News from Qurrent

In today's episode, we delve into S&P Global's revised GDP growth projections, marking the weakest global growth since 2009, and explore Canada's potential recession by mid-2025. We also discuss the US dollar's depreciation against major currencies and its global implications. Join us for an in-depth analysis of these pressing economic issues. Sources: https://www.investmentexecutive.com/news/research-and-markets/growing-risk-of-a-hard-landing-for-global-economy/ https://www.visualcapitalist.com/ranked-the-worlds-fastest-growing-economies-in-2025/ https://www.mitrade.com/insights/news/live-news/article-8-715517-20250324 https://www.staffingindustry.com/news/global-daily-news/global-economic-growth-to-slow-in-2025-oecd https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdf https://seekingalpha.com/article/4768966-global-economic-outlook-march-2025 https://www.conference-board.org/podcasts/c-suite-perspectives/How-Badly-Will-Uncertainty-Hurt-US-GDP-Growth-in-2025 https://www.spglobal.com/market-intelligence/en/news-insights/research/global-economic-outlook-march-2025 https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20250319.htm https://www.fitchratings.com/research/sovereigns/world-growth-forecasts-cut-sharply-as-us-starts-global-trade-war-18-03-2025 https://www.fool.com.au/2025/03/24/goldman-sachs-revises-sp500-forecast-for-2025/ https://www.comerica.com/content/dam/comerica/en/insights/assets/economic-commentaries/2025/03-mar/Comerica%20Economic%20Weekly%203.24.25.pdf https://www.spglobal.com/market-intelligence/en/solutions/products/economics-analysis-forecasting https://www.spglobal.com/market-intelligence/en/solutions/products/advanced-country-analysis-and-forecast https://economics.td.com/ca-long-term-forecast https://www.desjardins.com/en/savings-investment/economic-studies/economic-financial-outlook.html https://www.morningstar.ca/mobile/Article.aspx?Site=ca&articleid=262528 https://www.newindianexpress.com/business/2025/Mar/19/fitch-slashes-world-us-growth-predicts-recession-in-canada-and-mexico https://financialpost.com/news/canada-unlikely-escape-trump-tariffs-unscathed-economists https://economics.td.com/ca-quarterly-economic-forecast https://economics.bmo.com/publications/detail/5886ade2-f949-48f9-aa88-9c32833f70e8/ https://www.atb.com/company/insights/the-twenty-four/atb-economics-the-seven-march-21-2025/ https://www.hrreporter.com/news/hr-news/trade-uncertainty-pushing-canadian-economy-toward-recession-bmo/391792 https://www.investmentexecutive.com/news/industry-news/bank-of-canada-signals-shift-in-how-it-sets-rates-amid-tariff-uncertainty/ https://financialpost.com/news/canada-faces-recession https://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/investment-economic-outlook-march-2025.html https://www.bnnbloomberg.ca/business/economics/2025/03/18/canada-forecasted-to-face-higher-inflation-shallow-recession-this-year-td-economics/ https://www.bankofcanada.ca/2025/03/navigating-tariff-uncertainty/ https://www.bnnbloomberg.ca/business/2025/03/20/bank-of-canada-signals-shift-in-how-it-sets-rates-amid-tariff-uncertainty/ https://www.coface.com/news-economy-and-insights/while-canada-chooses-its-leader-the-u.s.-economy-faces-new-challenges https://fortune.com/2025/03/24/trump-april-2-deadline-wall-street-eu-tariffs-us-recession-fears/ https://www.icicidirect.com/currency-forex-trading/news/curr/extent-of-inr-depreciation-eased-as-dollar-gave-up-gains-amid-us-trade-policy-and-growth-uncertainties,-says-rbi/1589518 https://www.currenciesdirect.com/news/2025/03/24/us-dollar-currency-news-gbp-eur-aud/ https://www.telegraph.co.uk/news/2025/03/21/trump-dollar-reserve-currency-strength-trade-deficit-plan/ https://www.privatebank.citibank.com/insights/the-us-dollar-stronger-then-weaker https://site.financialmodelingprep.com/market-news/asian-currencies-edge-lower-as-the-dollar-holds-firm-ahead-of-trumps-tariffs https://www.resbank.co.za/content/dam/sarb/publications/statements/monetary-policy-statements/2025/march/Statement%20of%20the%20monetary%20policy%20committee%20March%202025%20.pdf https://www.riotimesonline.com/dollar-strength-persists-as-chilean-peso-tests-930-resistance/ https://currencythoughts.com/2025/03/24/ https://www.dlacalle.com/en/devaluing-the-us-dollar-how-to-make-america-poorer-again/ https://www.xs.com/en/blog/weakest-currencies-in-the-world/ https://www.forex.com/ie/news-and-analysis/eur-usd-forecast-currency-pair-of-the-week-march-24-2025/ https://ftmo.com/en/weekly-market-recap/24-march-2025/ https://www.spglobal.com/ratings/en/research/articles/250324-economic-research-economic-outlook-asia-pacific-q2-2025-u-s-tariffs-will-squeeze-not-choke-growth-13448263 https://www.ewfpro.com/index.php/en/commodity/139-currencies/market-update-us-dollar/91926-dollar-weakens-as-traders-await-clarity-on-trump-tariffs https://www.thesandboxdaily.com/p/us-dollar-has-lost-its-mojo-since https://economics.bmo.com/en/publications/detail/8102d081-d01d-40b8-8f16-2a7f7202cf74 https://substack.com/home/post/p-159789736 https://news.cetoex.com/bricsu-s-dollar-falls-against-8-major-currencies/

In today's episode, we delve into S&P Global's revised GDP growth projections, marking the weakest global growth since 2009, and explore Canada's potential recession by mid-2025. We also discuss the US dollar's depreciation against major currencies and its global implications. Join us for an in-depth analysis of these pressing economic issues.Sources:https://www.investmentexecutive.com/news/research-and-markets/growing-risk-of-a-hard-landing-for-global-economy/https://www.visualcapitalist.com/ranked-the-worlds-fastest-growing-economies-in-2025/https://www.mitrade.com/insights/news/live-news/article-8-715517-20250324https://www.staffingindustry.com/news/global-daily-news/global-economic-growth-to-slow-in-2025-oecdhttps://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20250319.pdfhttps://seekingalpha.com/article/4768966-global-economic-outlook-march-2025https://www.conference-board.org/podcasts/c-suite-perspectives/How-Badly-Will-Uncertainty-Hurt-US-GDP-Growth-in-2025https://www.spglobal.com/market-intelligence/en/news-insights/research/global-economic-outlook-march-2025https://www.federalreserve.gov/monetarypolicy/fomcprojtabl20250319.htmhttps://www.fitchratings.com/research/sovereigns/world-growth-forecasts-cut-sharply-as-us-starts-global-trade-war-18-03-2025https://www.fool.com.au/2025/03/24/goldman-sachs-revises-sp500-forecast-for-2025/https://www.comerica.com/content/dam/comerica/en/insights/assets/economic-commentaries/2025/03-mar/Comerica%20Economic%20Weekly%203.24.25.pdfhttps://www.spglobal.com/market-intelligence/en/solutions/products/economics-analysis-forecastinghttps://www.spglobal.com/market-intelligence/en/solutions/products/advanced-country-analysis-and-forecasthttps://economics.td.com/ca-long-term-forecasthttps://www.desjardins.com/en/savings-investment/economic-studies/economic-financial-outlook.htmlhttps://www.morningstar.ca/mobile/Article.aspx?Site=ca&articleid=262528https://www.newindianexpress.com/business/2025/Mar/19/fitch-slashes-world-us-growth-predicts-recession-in-canada-and-mexicohttps://financialpost.com/news/canada-unlikely-escape-trump-tariffs-unscathed-economistshttps://economics.td.com/ca-quarterly-economic-forecasthttps://economics.bmo.com/publications/detail/5886ade2-f949-48f9-aa88-9c32833f70e8/https://www.atb.com/company/insights/the-twenty-four/atb-economics-the-seven-march-21-2025/https://www.hrreporter.com/news/hr-news/trade-uncertainty-pushing-canadian-economy-toward-recession-bmo/391792https://www.investmentexecutive.com/news/industry-news/bank-of-canada-signals-shift-in-how-it-sets-rates-amid-tariff-uncertainty/https://financialpost.com/news/canada-faces-recessionhttps://corporate.vanguard.com/content/corporatesite/us/en/corp/articles/investment-economic-outlook-march-2025.htmlhttps://www.bnnbloomberg.ca/business/economics/2025/03/18/canada-forecasted-to-face-higher-inflation-shallow-recession-this-year-td-economics/https://www.bankofcanada.ca/2025/03/navigating-tariff-uncertainty/https://www.bnnbloomberg.ca/business/2025/03/20/bank-of-canada-signals-shift-in-how-it-sets-rates-amid-tariff-uncertainty/https://www.coface.com/news-economy-and-insights/while-canada-chooses-its-leader-the-u.s.-economy-faces-new-challengeshttps://fortune.com/2025/03/24/trump-april-2-deadline-wall-street-eu-tariffs-us-recession-fears/https://www.icicidirect.com/currency-forex-trading/news/curr/extent-of-inr-depreciation-eased-as-dollar-gave-up-gains-amid-us-trade-policy-and-growth-uncertainties,-says-rbi/1589518https://www.currenciesdirect.com/news/2025/03/24/us-dollar-currency-news-gbp-eur-aud/https://www.telegraph.co.uk/news/2025/03/21/trump-dollar-reserve-currency-strength-trade-deficit-plan/https://www.privatebank.citibank.com/insights/the-us-dollar-stronger-then-weakerhttps://site.financialmodelingprep.com/market-news/asian-currencies-edge-lower-as-the-dollar-holds-firm-ahead-of-trumps-tariffshttps://www.resbank.co.za/content/dam/sarb/publications/statements/monetary-policy-stat

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Global Economic Slowdown: S&P’s Gloomy Forecast and Canada’s Recession Fears

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This episode was published on March 25, 2025.

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In today's episode, we delve into S&P Global's revised GDP growth projections, marking the weakest global growth since 2009, and explore Canada's potential recession by mid-2025. We also discuss the US dollar's depreciation against major currencies...

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