Money Rehab with Nicole Lapin

After a whirlwind of headline whiplash over the last month, last week in the economy felt... quieter. But quieter doesn’t mean unimportant. Instead of chasing breaking news, we’re settling into the “new normal”—whatever that ends up meaning in this cycle. So what do investors need to know now that the dust has (somewhat) settled? To help answer that, Nicole is joined by Karen Finerman (CEO of Metropolitan Capital Advisors, founding panelist of CNBC’s Fast Money, and host of How She Does It). They dive into the current state of the dollar, what tariffs could mean for your money, and Karen’s best-performing stock pick of 2025 so far.

There are tons of tariff loophole videos going viral right now, taken by people claiming to be manufacturers in China. These people say that you can bypass the tariffs through buying your favorite Chinese-made products (think Lululemon yoga pants to Louis Vuitton bags) straight from them. Today, Nicole explains if those are legit, which tariff loophole is going away and how these videos will affect consumers and investors alike.

In a captivating discussion, Peter Mallouk, President and CEO of Creative Planning, shares his expertise on financial strategies during market downturns. He emphasizes the importance of making smart moves instead of panicking, like maintaining a diversified portfolio and seeking the guidance of financial advisors. Mallouk also delves into the psychological challenges investors face, notably how misinformation can amplify market volatility. Listeners will gain valuable insights to navigate economic uncertainty and make informed investment decisions.

Navigating retirement as a self-employed individual can be daunting. This discussion dives into the best retirement accounts like Traditional and Roth IRAs tailored for freelancers. It emphasizes strategies for turning irregular income into consistent savings. Insights on budgeting and the unique challenges freelancers face highlight the importance of tailored financial education. Plus, there's a call to prioritize personal financial health, not just children's education, to ensure a secure future for the whole family.

Steve Eisman, the investor who foresaw the 2008 financial crisis and was portrayed by Steve Carell, joins the conversation. He delves into whether we're on the brink of a similar downturn, revealing insights on current market volatility and trade war impacts. Eisman compares today’s economic landscape with 2008, discussing the psychological effects of investment decisions and the importance of accurate data interpretation. He also shares strategies for navigating high mortgage rates and offers career advice for those facing uncertain times.

The discussion dives into the chaotic market conditions we're witnessing, questioning if the stock market crash was intentional. A misleading tweet triggers an avalanche of misinformation, showing how social media can sway financial reality. Changes in U.S. tariffs create a mixed bag of reactions among investors, while the implications for national debt are profound. Finally, the podcast covers the strategic tug-of-war between the Federal Reserve and the government, highlighting the critical role of rising bond yields in shaping economic outcomes.

Consumer confidence in the U.S. is on shaky ground, prompting a look beyond domestic investments. Exploring blue-chip nations like Japan and Germany, as well as emerging markets such as India and Mexico, reveals promising opportunities. The discussion emphasizes the importance of diversification to enhance your portfolio. Practical strategies for accessing these markets include using ETFs and understanding the tax implications. Listening in could redefine your investment approach as you navigate this uncertain economic landscape.

Carter Braxton Worth, a legendary chart analyst known for predicting the recent bear market, joins for a deep dive into market dynamics. He reveals the early signals he saw in the charts that hinted at the downturn. The conversation explains the implications of being in a bear market and emphasizes that panic isn’t a viable strategy. Carter also discusses how tariffs could affect key industries and highlights which sectors might emerge as the new stars of investment. Tune in for insights that could reshape your portfolio!

The recent market downturn has sparked discussions on how tariffs are shaking the global economy. Find out how these tariffs affect prices and industries domestically. The conversation shifts to smart investment strategies during downturns, emphasizing patience and avoiding panic selling. Discover tips for capitalizing on market dips and building a resilient portfolio. Several low-cost index funds and ETFs are highlighted as potential investments worth considering, providing hope amid market volatility.

Discover essential strategies for protecting your finances in uncertain economic times. Learn about resilient investments like defensive stocks and TIPS that can thrive during recessions. Nicole shares valuable tips on diversifying your portfolio and the importance of seeking professional advice. Plus, get inspired by personal stories of productivity and comfort experienced while staying at an Airbnb, highlighting the potential of rental opportunities in today's market.