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Skimm This

Money Moves: Trade War, Interest Rates, Unemployment Rate

Skimm This

theSkimm

News

4.53.6K Ratings

🗓️ 27 December 2019

⏱️ 11 minutes

🧾️ Download transcript

Summary

With New Year's resolutions right around the corner, we want to talk about money. If you’re looking to make a fresh start, knowledge is power. New year, new you, right? And what better place to start fresh than with your wallet. We’re going to take a look at the big economic stories of the past year – from a trade war to changing interest rates to employment data – and explain how they could affect your money as we head into 2020. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

It's Friday, December 27th.

0:03.1

Welcome to Schimbiz.

0:04.4

We're breaking down the most complex stories of the day

0:06.7

and giving you the context on why they matter.

0:09.8

But today, we're gonna talk mostly about money.

0:13.1

If you're looking to make a fresh start,

0:14.5

knowledge is power, new year, new year, right?

0:18.0

And what better way to start fresh than with your wallet?

0:21.4

Today, we're gonna take a look at the big finance stories

0:23.7

of the past year and explain how they affect your money

0:26.8

as we head into 2020.

0:28.8

We're here to make your evening smarter.

0:30.8

Let's Schimbiz.

0:32.2

One of the biggest economic stories of the year

0:41.3

was the U.S.-China trade war.

0:43.2

The U.S. and China are the two largest economies in the world.

0:46.6

And they're also major trading partners.

0:49.4

So when they do things like imposed tariffs

0:51.8

on hundreds of billions of dollars of goods

0:54.0

traveling between them,

0:55.3

those ripple effects can be felt everywhere.

0:58.0

From your wallet to Wall Street.

...

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