
The Current
What does stock market chaos mean for your money?
Apr 8, 2025
In this insightful discussion, Armine Yalnizyan, an expert economist focused on workers' futures, and Peter Armstrong, CBC's senior business reporter, tackle the chaos in the stock market. They delve into how Trump's tariffs are impacting Canadian investments and pensions, raising concerns about everyday costs. The duo explore the volatility in Asian markets amidst U.S.-China tensions and discuss the potential for a recession, job losses, and inflation. Their analysis also emphasizes the need for effective political leadership during these challenging times.
19:18
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Quick takeaways
- The stock market chaos fueled by U.S. tariffs poses significant risks for Canadian households, affecting job security and retirement savings.
- Economic instability caused by these international policies necessitates urgent government intervention to safeguard vulnerable communities facing financial distress.
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