Invesco's Hooper: Recession odds grow daily, but 'uncertainty' is the buzzword

Kristina Hooper, chief global market strategist at Invesco, says she is still holding to the optimistic scenarios she had entering 2025, but she acknowledges that the potential for a recession grows by the day, given tariffs, a potential resurgence in inflation, fiscal pressures resulting in cuts to government spending and more. Still, Hooper's base case remains positive and she warns that investors can't afford to get spooked out of the market by short-term temporary declines. Jordan Grumet of the "Earn and Invest" podcast, discusses his new book,  "The Purpose Code: How to Unlock Meaning, Maximize Happiness and Leave a Lasting Legacy," plus Aaron Schumm of Vestwell talks about how consumers and workers can improve their savings — and American could make a dent into its savings crisis — by using new platforms that allow money to be set aside not just into retirement plans but for college savings, emergency funds, health care and more.