Dave Explains the Economy in Plain English — Ep. 013 — Thu Nov 12

Nvidia's board met last night on whether to fire the guy who started it — all reported, all alleged — the stock's down about eight percent and $450 billion is gone since he admitted the affair, and the part TV skips is a reported $7.5 billion in chips routed through Singapore and Malaysia to Chinese companies; if your 401(k)'s an index fund, open it, don't touch it. Importers are one step closer to $166 billion in tariff refunds and there's no line in it for you — you paid it at the register, the refund goes to the dock; the bond market came back and rates went up, the dollar's at a nineteen-month high, and I've now owed you a CPI number three days. Oil's down on a fading "risk premium" with no pump number, somebody paid for priority boarding and got a full bin, Kelly in Mansfield asked about ditching a $12-a-month bank fee, and Eddie in Lafayette asked if 690 is a good credit score.

Dave Scale: Nvidia 2 · Tariff refunds 4 · Fed/bonds 6 (holds) · Oil 5 (holds) · Priority boarding 2

Got a question for Dave? Email dave@daveexplainspodcast.com — Kev reads all of them.

Dave Explains the Economy in Plain English — Ep. 012 — Wed Nov 11

Inflation came in "hotter than expected," the whole bond market sold off over it, everybody's betting the Fed hikes — and I promised you the number and nobody put one on my sheet, so I don't have it. Oil's back over $92 with diesel tankers stalled out on the water, Children's Place is filing bankruptcy with $881 million in debt and blaming babies, and SoftBank lost $7 billion reserving six Hoover Dams' worth of gas turbines for data centers that didn't show up. Gina in Evansville asked what "the market is down" means if you don't own stocks, and Melissa in Mishawaka asked about a skip-a-payment offer on her car.

Dave Scale: Fed/CPI 6 (holds) · Oil/diesel boats 5 (holds) · Children's Place 3 · SoftBank 2

Got a question for Dave? Email dave@daveexplainspodcast.com — Kev reads all of them.

Dave Explains the Economy in Plain English — Ep. 011 — Tue Nov 10

Gas is under four bucks for the first time since July — CBS says — at least twenty-nine cents off the $4.29 I've been stuck on for two weeks, oil's at ninety, and some expert already knows it'll be $3.75 by Thanksgiving; how would he know that. Same morning a Fed governor says he's "leaning toward" a December hike, maybe half a point, and they can't hike a war, so they hike you; Nvidia lost about $200 billion in a day with no chairman and no named backup for the guy who co-founded it in '93, PepsiCo's "streamlining" a thousand people, and Florida's homestead break is the same chunk for the three-bedroom and the yacht. Omar in Cleveland asked why the inflation rate doesn't match his receipt, and Lisa in Kokomo asked card or car — still the card.

Dave Scale: Gas 5 (re-rated from 6) · Fed 6 · Nvidia 2 · PepsiCo 4 · Florida 2

Got a question for Dave? Email dave@daveexplainspodcast.com — Kev reads all of them.