Gas Up, Stocks Down: How to Weather Today’s Economy

Andy wants to share one of his favorite episodes from this year that’s just as relevant today as it was when we taped it. The price of goods like gasoline and food is up sharply amid the highest inflation since the 1970s, and a stock market slump may be impacting your investment portfolio. What should you do as you watch the pump tick up and your 401(k) tick down? Andy sits down with two money experts, the Washington Post’s Michelle Singletary and President Obama’s Economic Advisor Betsey Stevenson, to better understand what’s going on in our economy right now and how to weather this storm.

Keep up with Andy on Twitter @ASlavitt.

Follow Michelle Singletary and Betsey Stevenson on Twitter @SingletaryM and @BetseyStevenson.

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Check out these resources from today’s episode: 

Order Michelle’s book, “What To Do With Your Money When Crisis Hits”: https://www.harpercollins.com/products/what-to-do-with-your-money-when-crisis-hits-michelle-singletary

Read Betsey’s research on subjective well-being and income: https://users.nber.org/~jwolfers/papers/Satiation(AER).pdf

Find vaccines, masks, testing, treatments, and other resources in your community: https://www.covid.gov/

Order Andy’s book, “Preventable: The Inside Story of How Leadership Failures, Politics, and Selfishness Doomed the U.S. Coronavirus Response”: https://us.macmillan.com/books/9781250770165 

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For additional resources, information, and a transcript of the episode, visit lemonadamedia.com/show/inthebubble. See omnystudio.com/listener for privacy information.