Podcast Episode
Ep: 18 | Probability of US Recession Shrinks

About this episode
This episode is a clip of Jonathan Wellum and Marc Petrone, originally airing on July 21, 2025.
Jonathan and Marc chat about the debt situation of the provincial level in Canada, comparing Ontario's reckless spending with Alberta's responsible conservatism leading to economic growth.
Jonathan also discusses the difficult concept of politicians that own investment assets in the economy. Jonathan points out that the key issues at play for Prime Minister Carney are the lack of transparency and his extensive relationships which could be leveraged to influence policy out of self-interest.
Earnings season is well underway - the results show declining taxes and regulation costs leading to positive business growth and a strengthening of the US economy due to Donald Trump's policies.
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