Wintrust Business Lunch 5/6/25: Warren Buffett steps down, tariff uncertainty, Fed policy

Segment 1: Business reporter Steve Alexander chats with John about Warren Buffett announcing he will be stepping down and the impact he’s had on the economy.

Segment 2: Emily Stewart, Senior Correspondent, Business Insider, tells John how wealthy people are single-handedly warding off a recession.

Segment 3: Phillip Shaw, CFP, Senior Advisor, Goldstone Financial Group, joins John to talk about President Trump’s meeting with Canadian Prime Minister Mark Carney, investors looking for more clarity on Trump’s economic plans, the general uncertainty about tariffs, if we may see more market volatility in the future, if he was surprised by the GDP decline, and what we are likely to hear from Fed Chair Jerome Powell when the Fed meeting concludes tomorrow.