Kyla Scanlon, an economic commentator and author of *In This Economy*, shares her insights on President-elect Trump’s ambitious tariff plans. She explores how these tariffs could reshape the economy and whether they will genuinely lower the U.S. trade deficit or just lead to higher prices for everyday goods. The conversation dives into the impact on consumer costs, particularly for popular items like chocolate chip cookies, and raises concerns about the potential job creation in the tech sector amidst economic skepticism.

Kyla Scanlon, a financial educator and author of "In This Economy," joins to dissect Investopedia's Top Ten Terms of the Year, shedding light on trends shaping 2024. They delve into the bullish market dynamics as stocks and Bitcoin soar, despite rising inflation and public concerns. Kyla offers her predictions for the next year while explaining concepts like stock splits using a pizza analogy. The discussion also touches on critical economic policies, the Buffett Indicator, and emerging opportunities in prediction markets and sports betting.