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cover of episode Why we freak out when the stock market freaks out

Why we freak out when the stock market freaks out

2024/8/6
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Marketplace

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The stock market's volatility significantly impacts consumer behavior due to its psychological effects, making people more cautious with spending during market drops, despite potential quick rebounds.

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How are people feeling about the economy after the dramatic drop in stocks? They’re “Googling the word ‘recession’ like crazy,” an economics professor told us. On the show today: Why perception is so important in economics. Also: The not-so-bad reasons for the higher unemployment rate, what the Google antitrust ruling could mean for Big Tech, and stealth shopping — hiding purchases from partners — is on the rise.