Stagflation — a scenario marked by high inflation, stalling growth, and rising unemployment — is making its way back into economic chatter.
Keith Buchanan, GLOBALT Investments senior portfolio manager, joins Wealth host Brad Smith to explore how President Trump's trade policies and tariffs are fueling volatility and affecting both inflation and growth, contributing to further market uncertainty (^DJI, ^IXIC, ^GSPC).
With the tax season underway, Urban-Brookings tax policy center senior fellow Vanessa Williamson outlines what filers need to know about the headlines including the Department of Government Efficiency's (DOGE) data access, the Internal Revenue Service's (IRS) artificial intelligence usage, the impact of US President Donald Trump's tariff policies, and the state of Direct File.
In 2024, Vanguard found that nearly 5% of 401(k) participants withdrew funds due to financial emergencies, with 35% using them to avoid eviction or foreclosure, 30% for medical expenses, and 16% for home-related costs.
Find this and other episodes of Wealth at https://finance.yahoo.com/videos/series/wealth/.
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Yahoo Finance's Wealth is hosted by Brad Smith.
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