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Money Rehab with Nicole Lapin

Is Beyoncé Making Inflation Worse?

Money Rehab with Nicole Lapin

Money News Network

Education, Self-improvement, Business

4.41.4K Ratings

🗓️ 21 June 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

On this week's recap of the financial headlines and what they mean for your wallet: how this bear market will affect your investments, what New Zealand's housing crisis tells us about the United States real estate market and why some people are blaming Queen B for inflation in Sweden. ... we're not so Crazy in Love with this Beyoncéflation phenomenon.

Transcript

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0:00.0

I'm Nicole Lapin, the only financial expert you don't need a dictionary to understand.

0:07.0

It's time for some money rehab.

0:15.2

On this weekly roundup of headlines that affect you and your finances, I'm coming to you

0:19.0

from Can Friends, the home of a gigantic marketing conference that I'm out right now.

0:25.9

It's called Can Lions.

0:27.9

It's like the Can Film Festival, but for nerds.

0:31.0

And I might sound a little different right now and that's because I'm taping on my

0:33.9

cell phone from my hotel room.

0:36.3

And that's because the show must go on.

0:39.4

The financial news cycle does not stop and neither do we.

0:42.4

So let's dive in.

0:43.7

Our recession fears just bull.

0:46.3

As we enter a bull market, some investors are wondering the exact same thing.

0:50.9

Now, let's start off with a little refresher.

0:53.3

A bull market is a market that has risen 20% from its most recent low point.

0:58.6

And a bear market is a market that is down 20% from its most recent high point.

1:04.8

But let's establish a couple of facts right away.

1:07.7

These are just popular definitions.

1:10.0

This isn't some legally binding investing term.

1:13.6

It also only really tells you where the market has been and doesn't tell you anything about

1:19.1

where the market will go.

1:20.8

Plus, in a bull market, it can still feel like you personally are down.

...

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