2.25.20 Personal preparation for economic slowdown; Wells Fargo settlement; Best value supermarkets

The Clark Howard Podcast · Feb 25, 2020 · 38m

The coronavirus is spreading but know fatality rates are very low. It is creating enormous impact on economies around the world. The U.S. travel industry is hard hit. Airline and cruise line stocks are down and Expedia is laying off 3,000 people. Expect more lay off announcements as part of a response to economic slowdown. It’s unlikely we’ll follow much of the rest of the world into a recession cycle this year, because it’s an election year. But the tremendous job engine we’ve seen in the last 9 years will slow, pause or reverse. This is our signal to do what we can to prepare by getting our…