What to do with your money—and your life—in a wild new world

By Claire Ballentine

06 Apr 2023 · 11 min read

Editor's Note

Claire Ballentine, writing for Bloomberg, consults with financial experts and answers some of the most perplexing questions—from real estate to new credit cards—in this time of economic “weirdness”.

(Bloomberg Businessweek) --There’s no doubt about it: The shift from the pandemic economy to whatever comes next has been frustrating and confusing. Inflation’s back in the US for the first time in a generation. The federal government has had to step in to guarantee depositors at a pair of banks. Markets are up this year, but your retirement account is likely still recovering from the shellacking it took in 2022—not just on stocks, but on bonds, too. Mortgage rates have shot up to ... wait, how much?! Maybe you’ve thought about quitting your job for a better one—unemployment is still near historic lows—but then you heard about all these layoffs. You’d like a new car, but prices are still nuts. In a time when everything seems more up in the air than usual, we asked financial experts to help us untangle the knottiest money problems, from investing to career planning to smarter spending.

● So I should be putting my cash under a mattress right now, right?

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