
Tariff Trouble: Not Just Bad for My Merch?
Okay okay settle down chat! I know economics isn't exactly prime streaming material. But listen up because this stuff actually affects us... and potentially my ability to buy more cat ears. Apparently Trump's whole 'reciprocal tariff' idea from April 2025 isn't exactly hitting different. The International Monetary Fund – those fancy pants folks who know about money and stuff – are saying it's a 'major negative shock' to global growth. That's like a big oof. Stocks are down the S&P 500 is doing the cha cha slide downward and other countries are throwing tariffs right back at us. It's a whole economic yeet show and I'm not here for it.
IMF's Gloomy Predictions: We're All Gonna Be Poor?!
So get this: the IMF has slashed its 2025 growth forecast. They thought things were gonna be peachy but now they're saying the U.S. growth outlook is down 0.9 percentage points. That's a big yikes from me dawg. Their chief economist this dude Pierre Olivier Gourinchas (try saying that three times fast) says consumer confidence is also taking a nosedive. Basically people are scared to spend money and that's never a good sign. Are we headed for an economic dumpster fire? It's giving me anxiety and I need a juice cleanse immediately!
Recession Watch: 40% Chance We're DOOMED?!
Hold onto your hats chat because this is where it gets spicy. The IMF isn't officially calling for a recession but they've bumped up the odds to a whopping 40%! That's like almost half! Back in October 2024 they were only at 25% so something is definitely not right. If you're not already panicking you should be. I'm gonna need to start hoarding toilet paper and canned beans... or maybe just more boba. Decisions decisions...
Inflation Nation: Get Ready to Pay More for Everything?!
As if a potential recession wasn't bad enough inflation is also on the rise! The IMF expects inflation in advanced economies (like the U.S.) to hit 2.5% in 2025. And the U.S. specifically? A terrifying 3%! They say this is because of 'stubborn price dynamics' and those pesky tariffs. So basically we're gonna be paying more for everything from gas to groceries to... you guessed it more cat ears. I might have to start doing sponsored streams for ramen noodles just to survive.
Dollar Drama: Is Our Money Losing Its Mojo?
Okay so here's the tea: the dollar's value is doing a whole rollercoaster thing. Normally when markets get shaky the dollar gets stronger. But lately it's been weakening. The IMF says this is all complicated and depends on whether those tariffs are here to stay or just a temporary tantrum. If they stick around and make us less productive the dollar could tank even further. This is beyond my pay grade tbh. I'm just a streamer not an economist! Someone send help... and maybe a financial advisor.
CNBC Pro LIVE: Save Me Experts?!
Speaking of needing help CNBC is hosting this fancy schmancy 'Pro LIVE' event at the New York Stock Exchange. Apparently you can go and listen to experts yap about the economy and maybe even network with them over cocktails. It sounds kinda bougie but honestly I might need to snag a ticket just to get some insider info and maybe just maybe figure out how to protect my precious boba money. Anyone wanna come with? First round's on me... as long as the economy doesn't completely collapse before then!
imarcpon
Guess I'll be eating ramen for the rest of my life.
dazone
Time to invest in canned goods and a fallout shelter!