4.4 • 1.4K Ratings
🗓️ 2 August 2023
⏱️ 7 minutes
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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 we have. |
0:14.8 | Here's your weekly roundup of the biggest headlines on Wall Street and how they affect |
0:17.8 | your finances. |
0:19.2 | The past week or so, the media has been stoked about the chances of an economic soft |
0:23.8 | landing. |
0:24.8 | And before I get into what a soft landing is, let me share with you one totally and |
0:28.5 | completely true fact that should frame everything you hear about the economy. |
0:32.9 | Here it is. |
0:33.9 | No one knows the future. |
0:35.4 | Not one. |
0:36.4 | Not J-Pow. |
0:37.4 | Not Jim Kramer. |
0:38.4 | Not your mom. |
0:39.4 | Not your friend who always asks what your rising sign is when you do something stupid. |
0:43.2 | Not your dreadful ex-boyfriend who bought crypto at 35 bucks and has never once shut up |
0:47.4 | about it since. |
0:48.6 | When it comes to your money, anyone who tells you they know 100% for sure what the future |
0:52.8 | holds is either deluded or trying to make money off you somehow. |
0:57.3 | With that caveat in mind, we can look at the historical data, we can look at the models, |
1:02.1 | we can look at all available evidence and make reasonable guesses. |
1:07.0 | But when talking about something as complex as the economy, it is totally possible for |
... |
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