Breaking down the U.S. economy's mixed signals

Unemployment is down. Inflation is up. With the Federal Reserve Board again raising interest rates this week, plus new indications we could be in a recession, the economy is in uncharted waters. And no one seems certain about what's next or what to do. CBS News' chief political analyst John Dickerson helps us add it all up with the help of two experts: Lloyd Blankfein of Goldman Sachs, with the overview; and Michelle Singletary, a personal finance columnist for the Washington Post, with advice for all of us.

#news #economy #inflation

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[wesleyparker]

Building wealth involves developing good habits like regularly putting money away in intervals for solid investments.
Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.
Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it.

[misspumpkinpie]

I bet that black woman has ten credit cards in her purse. What a hypocrite.

[deannaspencer]

All Stores 900, 000 Please Lower the price of all Brands of Military Equipment and Local for All Brands of Economy Products and Production Cost Now 900, 000 That's Too Much $$ 900, 000 Now The Whole World 900, 000 Now 🙏 🤲 🕍 🕌 ⛪ 🛕

[Natalieneptune]

your ability to break down economics for the average Joe and Jane to understand is top notch. You really need to create a course on trading stocks for the retail investors. Thanks for all this great content and information. Lastly get those likes up folks and share this video

[StopListenThink]

No matter how they try to spin it no matter how positive you think this recession is it is not affecting everybody in the same way…… trust me

[jonathanmatthew]

"save whatever you can"... 10 seconds later "we need you to spend". Yup, were in trouble.

[plz]

Isn’t it ironic that we need to establish debt in order to create credit though. Perhaps we need a new system for calculating debt and then we can remove the horrific companies like experian/equifax who steal our own data and make billions selling it on the open market.

[neilmccoy-ward]

Many investors/traders advice - that at the start of the bear market, you should sell and buy later on. My question - How do they know at the beginning of the correction - whether stocks would fall by 5%, 10%, 20%, 30% or more?

[ronin]

We have plenty of money for Ukraine. We hear how bad things are or we are living how bad things are?

[spellmadam]

People working 2 jobs keeps the unemployment rate low

[derikbagley]

The food bank here in Florence Oregon is empty

[jamesbarn]

This is financial advice and I never give financial advice: DONT LEAVE DURING THE BEAR. If you don’t want to invest…learn. If you don’t want to learn…build. If you don’t want to build observe. DO SOMETHING…other than leave. There is so much opportunity here. Take advantage!

[findingmo]

Inflation at 9%+ above will not come down fast. Malls and airports are still packed. Corporate America is taking advantage by raising prices higher than inflation on consumers that are tired of hearing inflation from media every day. The talking heads are part of the problem.

[rchlletters]

Raising rates hurts lower income people. The feds could cap prices but seem to have forgotten that is always an option what rampant greed is being used to gouge average citizens.

[TypeOneg]

It's a money grab.
When 18 eggs costs $6.49, its time for America to solve its issue with morbid obesity.
"Somebody told us Wall Street fell,
But we were so poor that we couldnt tell..."

[derikbagley]

And you know what Ukraine that they should be on their own we can't afford to give away all military equipment

[dr.mohammederdogan]

The Market has been pretty bad until today it decided to surge. Everybody was Practically Crying then. It kept dipping. That's what you get when you feel you can navigate the process on your own. Big thank to Hilder Ferguson. I'm not bothered with how bad the Market is because my assests are insured due to her advice and I still receive my profits

[ikephipps]

"Save whatever you can"
The very next sentence, "keep spending and don't forget to tip more than 20%"
🙄

[stacyg]

"Spend smarter, save money, live with roommates!"
Also:

"Go out to eat, tip generously!"
Huh?

[katefresina]

I cannot believe our entire lives are dictated by numbers. At this point I would rather be a Shepard in Geenland