Today is Saturday, April 12. This week offered a stark reminder that even just one policy change

has the potential to throw the entire global economy for a loop. As the U.S. reexamines its trade

partnerships, markets have swung back and forth, making investors and everyday Americans

question what they should be doing with their money. Coming up, you'll hear from financial

advisor Hillary Henderson for practical advice, including steps you can take today to protect yourself. But first, you'll hear from financial advisor Hillary Hendershot for practical advice,

including steps you can take today to protect yourself. But first, we're checking in with the chief

economist at Moody's Mark Zandi about the market turbulence and when we might see a recession.

Welcome, welcome to the Newsworthy special edition Saturday when we sit down with a different expert or celebrity every Saturday to talk about something in the news.

Don't forget to tune in every Monday through Friday for our regular episodes where we provide all the day's news in 10 minutes.

I'm Erica Mandy. It's now time for today's special edition Saturday.

Mark Zandi, thank you so much for joining us here on the Newsworthy. It's good to be with

you. Thanks for the opportunity. So we've obviously seen wild swings in the stock market this

week. So big picture first. Can you just explain briefly why this is happening? A global trade war.

Terrorists are on, tariffs are off. They're being delayed. They're ratcheting up.

This country, that country, this product, that time period. A lot going on on that front.

And obviously, it has tremendous implications for the economy, for businesses, their profitability,

and therefore, for stock prices. So stock investors are hanging on every piece of information

that's coming out from Washington and

every other capital in the world about what's going on with these tariffs and how other countries

are responding. You said earlier this week that if the tariffs continue as they were laid out,

that there's no avoiding a global recession. You said brace for impact. But then President Trump

put this 90-day pause on at least some of the

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