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Bad Vibes Economics

Slate Money

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Is the Stock Market Going Down?

Elisabeth: People conflate their sense of financial security with a sense of overall stability and security in general. She says the stock market, gas prices, inflation are all sending bad vibes out into the world. Elisabeth: The Fed is pulling away the punch bowl; that's grump number one. Used to feel wealthy because stocks were up high in rising. Now you feel poor because stalks are lower and falling.

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