Darian presents the CAPE ratio

2025 was a wild year for the U.S. economy. Tariffs transformed the global economy, consumer sentiment hit near-historic lows, and the stock market hit scary, spooky, blood-curdling new heights! So … which of these economic stories defined the year? 

Our hosts from Planet Money and The Indicator duke it out during our annual … Family Feud!

Tell us who you think has THE indicator of the year by emailing us at indicator@npr.org. Put “Family Feud” in the subject line. 

Related episodes:


The Indicators of this year and next 

This indicator hasn’t flashed this red since the dot-com bubble 

What would it mean to actually refund the tariffs?

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Corey Bridges. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.  

Learn more about sponsor message choices: podcastchoices.com/adchoices

NPR Privacy Policy