PSA Thursday: How Bad Is the Stock Market Crash?
Afford Anything - A podcast by Paula Pant | Cumulus Podcast Network
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Welcome back to PSA Thursday, a segment in which we talk about how to handle money, work, and life in the middle of a pandemic.
Today, our focus is on money - specifically, the stock market.
Why did it crash in March? What effect did that have on us as a society? Why has it rebounded in the middle of a shutdown, and what does that mean? Are valuations too high relative to earnings?
How can we handle our investments and retirement savings at a time when the movements of the market seem irrational and unpredictable?
We explore these questions in today's episode.