If I wanted to establish a career as a psychic, I would predict a major downward correction in stock markets on both sides of the US, Canadian border tomorrow (Feb. 3 2025).
Worries about disruption of US, Canadian and Mexican trade, that keeps things like the international auto industry healthy, could cause problems in the markets.
Then again, I admit that I don't have a crystal ball. It isn't necessarily easy to predict the future.
Several scenarios cross my mind. A temporary disruption, or crash. Maybe the Republican oligarchs will panic and get Trump to reverse course; as if running America from the seat of his pants. The disruption becomes only temporary, due Trump changing his mind. Markets recover soon. That's one scenario, but there are others, too many to write, that cross through my mind.
Another, of many thoughts I have. This looks like an artificial coronavirus crisis without a real virus. Like the artificial debt ceiling, in Congress, it’s a problem rooted in worry without much basis beyond just fear itself.
I just listened, over radio, to the Feb. edition of Cross Country Checkup on CBC Radio in Vancouver. This episode was about potential disruption of trade between US Canada and Mexico and it's effects on each side of the borders. Very interesting. I can't find podcast, yet, on CBC website. I think they may not post it till later due to show still airing in some locations. I listened via old fashioned radio.
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