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S3-3: What is OPEC, the Labor Market & A Deep Dive on the Importance of Understanding Our Economy

S3-3: What is OPEC, the Labor Market & A Deep Dive on the Importance of Understanding Our Economy

FromFinance Explained by Family Finance Mom


S3-3: What is OPEC, the Labor Market & A Deep Dive on the Importance of Understanding Our Economy

FromFinance Explained by Family Finance Mom

ratings:
Length:
62 minutes
Released:
Oct 13, 2022
Format:
Podcast episode

Description

This week, I’ve got 3 major financial headlines for you..

First up, the stock market ended the week up +1.5%, but is still in bear market territory - what were the major market movers last week?
Next, energy prices are on the rise again due to OPEC. What is OPEC and why do they have such sway over the energy market?
Finally, we got multiple data points on the labor market last week. What does it say about the health of employment and your job security?

… after that, this week I’m taking a deep dive with NYU Professor Howard Yaruss to talk about his new book, and our Q4 FFM Book Club pick, Understandable Economics. Learn why we both believe in the power of economic and financial literacy, as well as his take on some current major economic issues and policies.
For more on this week's market update: https://familyfinancemom.com/what-is-opec/ 
For more on this week's guest, Howard Yaruss, NYU Professor and Author, Understandable Economics:
Get the book: https://amzn.to/3SX55IE 
https://howardyaruss.com/
https://www.linkedin.com/in/howard-yaruss-b408485
https://twitter.com/UnderstandEcono
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Released:
Oct 13, 2022
Format:
Podcast episode

Titles in the series (76)

Finance Explained brings you the financial and economic news you need each week, along with an explanation of what it all means in a way everyone can understand, and more importantly, why it matters to YOU! Why did the market sell-off this week? Why is everyone suddenly worried about inflation? Why are interest rates rising or falling... and what you need to know about how it could impact your family’s finances. Welcome to Finance Explained… helping women everywhere build financial literacy and make better decisions for themselves, their families and their futures.