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

In the Bubble with Andy Slavitt

Lemonada Media

News

4.6 • 3.5K Ratings

🗓️ 28 December 2022

⏱️ 66 minutes

🔗️ Recording | iTunes | RSS

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Summary

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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CVS Health helps people navigate the healthcare system and their personal healthcare by improving access, lowering costs and being a trusted partner for every meaningful moment of health. At CVS Health, healthier happens together. Learn more at cvshealth.com.
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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.

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Transcript

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1:07.0	.com slash in the bubble, or use code in the bubble for an extra 10% off site wide.
1:14.0	Lemonada.
1:24.0	This is the bubble with Andy Slavitt, as we prepare for 2022 to come to a close.
1:45.0	I want to revisit a couple of episodes that I think are particularly important, as we think about the year.
1:51.0	One of the most important topics we talked about was the U.S. economy.
1:55.0	In fact, last Wednesday, we had Justin Mulfur's on to give his prediction for 2023.
2:00.0	Back in June, we sat down as gas prices were going up, and many people were facing issues with supply chain shortages,
2:09.0	and rent hikes, which are still with us.
2:13.0	And the question was, how the most vulnerable among us, and many people on fixed incomes or lower incomes,
	...

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