Stocks are tumbling. Egg prices are soaring. Inflation remains high. Tariffs are about to go into effect — until they aren’t. In other words, the current state of the economy is enough to worry even the coolest heads among us.

In an effort to break down these huge, complex issues into more reasonable points, Katie sought out an expert. Investor, media commentator, and journalist Steven Rattner joined Katie for an eye-opening conversation about where we are now — and how both consumers and business leaders are feeling. And given that Katie calls Rattner “one of the smartest guys I know,” you can trust that this is an overview you don’t want to miss.

Here’s what they covered:

• Who’s ultimately responsible for inflation? How was the economy faring at the end of Biden’s term, and how does that compare to our current situation?
• Does Trump’s tariff strategy actually have the potential to be harmful? How are business leaders feeling behind the scenes as the drama plays out on the international stage?
• Is the Fed likely to cut interest rates in the near future?
• As some investors near retirement, how should they protect themselves? What types of investments are “smart” right now?

For answers to all this and more, check out the full interview in the video above.