CNN One Thing

The Stock Market Panicked. Here’s Why You Shouldn’t.

Aug 7, 2024
Catherine Rampell, a CNN economic and political commentator, breaks down the recent turmoil in global stock markets and the implications of a disappointing US jobs report. She discusses how these events heighten expectations for Federal Reserve interest rate cuts. Rampell delves into consumer perceptions, emphasizing the importance of self-care during economic uncertainty. She also critiques the political landscape regarding the middle class, underscoring its vital role in the nation's resilience and the challenges posed by rising costs and inflation.
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