We kick off with market cap: what it actually means, how it defines a company’s identity, and why share price alone can be misleading. Then, we dive into the often-misunderstood unemployment rate — a metric that sounds solid on headlines but misses huge swaths of the American workforce. Finally, Pete helps you recalibrate your budget by reexamining the age-old debate of needs vs wants, especially as the threat of a recession looms.

If you're confused by the disconnect between financial headlines and your lived experience, this episode is the bridge.