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approval. Never a

0:33

dull moment in this

0:35

economy, is there? From

0:37

American public media, this

0:39

is Marketplace. In

0:50

Los Angeles, I'm Kai Risdahl. It is

0:52

Wednesday, today, the 16th of April.

0:54

Good as always to have you along,

0:57

everybody. First of

0:59

all, stocks. I'm sure you've seen

1:01

or heard by now another day

1:03

of tariff and trade policy -induced malaise.

1:05

We will get there when we

1:07

get there, as we always do.

1:10

Second, though, and more

1:12

substantively... means it probably should have

1:15

been first, huh? The big thing that happened

1:17

in this economy today was Fed Chair Jay

1:19

Powell doing a Q &A at the Economic Club

1:21

of Chicago. He said, among other

1:23

things, that it may well

1:25

come to pass that the Fed's really

1:27

going to get stuck between a rock

1:29

and a hard place. Rising unemployment, the

1:31

policy prescription for which is cutting interest

1:33

rates, and rising prices, the policy prescription

1:36

for which it's raising interest rates. A

1:38

challenging scenario, the Fed Chair

1:40

called it. Now, why is

1:42

this? What Powell's worried about?

1:44

These are very fundamental changes in,

1:46

you know, long held in some cases

1:48

policies in the United States. And

1:51

there's not any real experience. I mean,

1:53

the Smoot -Hawley tariffs were actually not

1:55

this large and they were 95

1:57

years ago. So there isn't a modern

1:59

experience of how to think about this.

2:01

Anyone? Anyone? Powell? Anyone? Jay

2:05

Powell did say that the central bank

2:07

is happy to stay where it is

2:09

on interest rates for now. Monetary

2:12

policy, of course, does get all

2:14

the headlines when it comes to the

2:16

Fed, but it also does a

2:18

ton of economic research. All the PhD

2:20

economists there do. Reports, analysis, data

2:22

of all kinds, of which we got

2:24

some today. Their March report on

2:26

industrial production. The data is

2:29

a little noisy, but the bottom

2:31

line is that the industrial sector

2:33

does seem to be slowing. Here's

2:35

Marketplace's Mitchell Hartman. Industrial production in

2:37

decline, not a promising sign for

2:39

economic growth. Except, says analyst Jonathan

2:42

Secreta at CFRA Research. There certainly

2:44

is a bit of noise here.

2:46

The decline is really driven by

2:48

utilities just due to a warmer

2:50

period of weather. Manufacturing,

2:52

a subset of industrial production,

2:54

was actually positive, led by

2:57

durable goods like autos and

2:59

business equipment. We're seeing this

3:01

as really being driven by

3:03

tariff -led pre -buying activity, manufacturers

3:05

trying to get ahead of

3:07

any kind of punitive levies. Aerospace

3:09

manufacturing was up, driven by

3:11

strong demand for commercial and

3:14

military aircraft, says Richard Abulafia

3:16

at Aerodynamic Advisory, which helps

3:18

Boeing after quality problems and

3:20

a strike hampered production. But...

3:22

Just when we were getting

3:24

back on track, people were

3:26

pulling back because of the

3:28

uncertainty associated with tariffs. So

3:30

here's the central theme from

3:32

economists today. Yeah, the manufacturing

3:34

data from last month looks

3:36

pretty good, but it's already

3:38

in the rearview mirror, explains

3:40

Oren Klatchkin at Nationwide. Once

3:43

that front -loading impact eventually

3:45

fades, we're not in for

3:47

a particularly encouraging environment when

3:49

it comes to industrial activity.

3:51

Meanwhile, the burgeoning trade war

3:53

poses a rising risk to

3:55

major U .S. exporters, says CFRA's

3:57

Jonathan Secreta. Think about heavy

3:59

machinery coming from companies like

4:01

Caterpillar, Deer & Co. as

4:03

far as large -scale harvesters.

4:05

Also a lot of components

4:07

that go into commercial aviation. Production

4:10

of all that could slow,

4:12

says Secreta, if European and

4:15

Asian countries escalate retaliatory tariffs

4:17

or just stop buying American.

4:19

I'm Mitchell Hartman for Marketplace. Wall

4:22

Street midweek? Well,

4:25

no. We'll have

4:27

the details when we do the numbers. President

4:45

Trump's tariffs are changing how we consume.

4:47

We are racing to buy stuff to

4:49

get ahead of the price eggs that

4:51

do seem to be in the offing.

4:53

Essentials for sure. but discretionary

4:55

purchases, too. Marketplace's Savannah

4:57

Peters talked with some people about the

4:59

nice -to -haves that they are stocking up on.

5:02

Aaron Weber is the cook in his

5:04

family of six. He says he keeps

5:06

things simple, which is sort of hard

5:08

to believe when you hear about the

5:10

seasonings in his rotation. This is

5:13

going to sound so pretentious,

5:15

I'm sorry. Albanian sage, Turkish

5:17

oregano, Mexican vanilla, Vietnamese... Lots of

5:19

fancy imported stuff that used to

5:21

be hard to find in Kansas City,

5:23

where he lives. Turkish bay leaves.

5:25

It's nice to be able to

5:27

pick from the world's menu, right? And

5:30

I do not want to go back. After

5:33

the first and steepest April tariff

5:35

announcements from the White House,

5:37

Weber, who works in marketing and

5:39

sales, decided to stock up.

5:41

I asked him to share how

5:43

much he spent. Oh, God,

5:45

yeah. As long as my wife didn't

5:47

hear this. Yeah,

5:49

it was probably around, I

5:52

think it was about 160. Normally,

5:55

Weber looks forward to perusing the

5:57

aisles of his local Penzi's spice store,

5:59

but this time he was

6:01

shopping under pressure. It's very

6:04

easy to feel resentful. Consumers right

6:06

now really may feel kind

6:08

of helpless against the economic forces.

6:10

Says Christine Whelan, an expert

6:12

on consumer well -being at Emory

6:14

University. And so when we feel

6:17

that way, we try to

6:19

solve it. Whelan says even she

6:21

feels the impulse to spend

6:23

as a way to claw back

6:25

some control, especially on the

6:27

treats that make her family comfortable.

6:30

One of the ones that

6:32

I'm really wrestling with as a

6:34

mom of five children is

6:36

toys. Some 80 % of which

6:38

are manufactured in China. But she

6:41

says there's a crucial distinction.

6:43

Between buying a birthday gift that

6:45

you would need for your

6:47

kid anyway. versus filling

6:49

your basement with random toys just

6:51

in case. Whelan says

6:53

you really have to know yourself

6:55

and your spending habits to resist

6:58

the urge to panic shop. If

7:00

you, like, forego buying something, prices

7:02

might shoot up the following

7:04

day. That's Raymond Olgato, and his

7:06

tariff -induced FOMO buy was a

7:08

fancy new road bicycle. He

7:11

says the upgrade will help him

7:13

get outside his LA neighborhood

7:15

on longer rides. My original plan

7:17

was to buy it around

7:19

May or June. But instead, he

7:21

moved the purchase up to

7:23

early April. Olgato, who

7:25

works in e -commerce marketing, cashed

7:27

out some stocks to afford the

7:30

$5 ,000 expense. Sort of

7:32

a last hurrah splurge before

7:34

he foresees reining in his discretionary

7:36

buying. But that word, discretionary,

7:38

means different things to different consumers.

7:40

I work in education, so

7:42

I don't make money, so this

7:44

is not good. Regina

7:47

Krause in Austin, Texas keeps

7:49

a pretty tight budget, but she

7:51

likes to treat herself to

7:53

skincare from Korean and Japanese retailers,

7:56

especially sunscreen. It's sunny here

7:58

in Texas, I use a

8:00

lot. In early April, Krause

8:03

bulk bought about 10 bottles,

8:05

plus some face wash and

8:07

moisturizer online. The total was

8:09

about $130, which hurt,

8:11

especially after the tariff

8:13

outlook changed. At first, I felt,

8:16

like, really angry that I did the buy. But

8:18

then at the same time, I was like, you

8:20

know what, I'm not going to risk it because

8:22

clearly nothing stays. The back

8:24

and forth on tariffs is giving

8:26

Krauss some whiplash and turning purchases

8:28

that used to be about self -care

8:30

into a new source of stress.

8:33

I'm Savannah Peters for

8:35

Marketplace. We

8:48

were in the business district of

8:50

Altadena, California yesterday, talking to business

8:52

owners as they start the long

8:54

road to rebuilding after the Eaton

8:56

fire. I've never had to deal

8:58

with anything that was a total

9:00

loss. So it's kind of a

9:02

learning curve for me. We're looking

9:04

for a temporary place. You

9:06

know, there's not a lot of

9:09

commercial buildings left. Today, we're about a

9:11

mile east of there at one

9:13

of the biggest employers in town. Altadena

9:15

Town and Country Club. is a

9:17

five -minute drive from the business district.

9:19

Driving there, you pass full neighborhoods burned

9:21

to the ground, people in hazmat

9:23

suits cleaning up debris, and burned -out

9:25

cars, just metal frames is all that's

9:28

left. We pulled into the small

9:30

parking lot at the back of the club's entrance. No,

9:32

we're going to be good. It's not going to rain. It's not going

9:34

to rain. Hey, I'm Kai. Hi, Craig. Nice to see you, Craig. How are

9:36

you? Tell me who you are and where we

9:38

are. Craig Sloan. I'm the general

9:41

manager of the Altadena Town and Country Club

9:43

here in beautiful Altadena, California, or what used

9:45

to be beautiful Altadena, California. is still beautiful.

9:47

I mean, it's a tough day today, raining

9:49

cold, but it's still a beautiful place. Can

9:52

we walk in the gate there

9:54

and just describe for me what we're

9:56

seeing? Sure. This is what we

9:58

consider our member entrance with close access

10:00

to the tennis courts and the

10:02

pool area. I'm just going to say

10:04

it here that I know we're

10:06

talking about a country club. And with

10:08

everything that Altadena lost, rebuilding a

10:10

place like this might not seem like

10:12

a top priority. But what

10:14

you have to know is the Altadena Town

10:16

and Country Club was central to the

10:18

local economy. It had about 120 employees the

10:20

day the fire started, most of them

10:23

from the area. Local teenagers would

10:25

get their first jobs here, working

10:27

after school and on the weekends as

10:29

lifeguards and kids club staff and

10:31

food busters. Now, only six employees are

10:33

left, Craig included. We did our

10:35

best to try and place as many

10:37

of the employees as possible with

10:40

other clubs and other locations. A

10:42

lot of them have found jobs on

10:44

their own. Some of them have decided

10:46

to go back to school. Many

10:48

of them have said, let us know in three

10:50

years when the clubhouse is rebuilt, we want to

10:52

come back. So we've got a lot of really

10:54

dedicated, loyal employees. Craig's been the

10:56

general manager for the last 20 of

10:59

the 27 years that he's worked here.

11:01

Before the fires, the club had about

11:03

640 members when you count partners and

11:05

kids. The total number of people who

11:07

were part of this club was closer

11:09

to 2 ,000. Tennis courts,

11:11

swimming pool, to the

11:13

left, and then the

11:15

remains of... What was

11:17

a 28 ,000 square

11:19

foot clubhouse. Wow. Wow.

11:26

So what are you going to do?

11:28

We are going to rebuild. Are you?

11:30

Yeah, absolutely committed to rebuilding and continuing

11:33

to support the community in Altadena. 17

11:35

% of members lost their homes in the

11:37

Eaton Fire. Craig has been displaced as

11:39

well. His home in Altadena was damaged. He

11:41

hasn't been able to move back in

11:43

yet. Down some steps we went into

11:45

the patio. I'm just coming around

11:47

the corner here. This place was huge. I

11:49

hadn't really been able to get a sense of

11:51

the scale. Yeah, this is what we're seeing

11:53

here. The fitness center in front of us was

11:56

our lowest level, kind of our pool level,

11:58

and then we had our terrace. To our right

12:00

is the main building, the clubhouse, or what's

12:02

left of it, really. The fire

12:04

ripped through the two top floors and

12:06

left behind a jumble of melted

12:08

and twisted metal, now rusty from the

12:10

rain. The bottom level is still

12:12

standing, but when you look in through

12:14

the windows, all you can see

12:17

are piles of crumbled drywall. So the

12:19

pool's intact. The courts are intact.

12:21

I mean, the water's all green and

12:23

gross, but that shouldn't be too

12:25

tough, right? No, I think... Resurfacing, probably,

12:27

and whatever? We will drain, replaster,

12:29

do cleanup of the tennis courts, the

12:31

pickleball courts. We also have

12:33

a spa and a toddler pool off

12:36

on the right there that will get

12:38

cleaned up and playground beyond that. So

12:40

we'll be able to come back somewhat

12:42

operational over the course of however many

12:44

months it'll take us to clean up.

12:46

Could be four months, six months, eight

12:48

months. The golf course is now a

12:50

debris staging area, so we'll have to

12:53

determine how safe it is to bring

12:55

members back. L .A. County owns

12:57

the golf course. And they've been letting the

12:59

Army Corps of Engineers use it as a

13:01

staging area for debris removal. It's not just

13:03

me, but I can't imagine somebody wanting to

13:05

come to the toddler pool with their kid

13:07

with a bunch of fire zone debris on

13:09

the golf course right next door. Well, word

13:11

came out this week, earlier this week, that

13:13

they're only going to be placing clean debris

13:16

there, clean concrete. Well, that makes me feel

13:18

much better as a parent, I've got to

13:20

tell you that. They will be doing some

13:22

demolition of that concrete so they can place

13:24

it into larger trucks and haul it away.

13:26

So it will be a staging area for

13:28

that. Catch is, the Army Corps

13:30

isn't doing free cleanup for everybody.

13:32

We found out a couple weeks ago,

13:34

even though we opted in originally

13:37

to the Army Corps debris removal, we

13:39

found out that they were not

13:41

going to be doing any debris removal

13:43

for commercial businesses. So we pivoted,

13:45

and we've actually contacted a lot of

13:47

private debris companies, and we hope

13:49

that within the next couple of weeks

13:52

we'll have landed on a company

13:54

and we'll start the cleanup process. As

13:56

they start to bid on contractors,

13:58

this club's going to be in competition

14:00

with other commercial properties, like Joey's

14:02

from yesterday, that need their debris removed

14:04

as well. Let's go up the

14:06

stairs, see what's going on. Oh

14:09

man, here's a Christmas

14:11

decoration. Yeah, we still have

14:13

a few Christmas decorations. The

14:17

club had been planning to reopen

14:19

on Wednesday, January the 8th. But

14:21

now all you see is a

14:23

place stuck in time. There's a

14:25

brick chimney with a pair of

14:28

fireplaces, one somehow above the other.

14:30

The floor that used to sit

14:32

between them no longer exists. Situate

14:35

this club for me in the Altadena

14:37

ecosystem, right? I mean, it's, you know,

14:39

not everybody in town belonged here, and

14:41

it's sort of up and away from

14:43

the business district. Where do you fit?

14:45

Where did you fit, and where do

14:47

you hope to fit? Well,

14:49

we were a pretty integral part of

14:51

the club. We had organizations that met

14:53

here on a regular basis. For example, Rotary

14:56

Club had been meeting here for well

14:58

over 50 years every Thursday. Chamber

15:00

of Commerce held numerous events

15:02

here at the club. Many

15:04

of the local nonprofits in the

15:06

area, the churches, held fundraising events

15:08

here. It was a private club,

15:10

but everybody was welcome here. Craig

15:13

told us rebuilding the 28 ,000 -square -foot

15:15

clubhouse is going to take upwards

15:17

of $20 million and three years. Are

15:19

you insured for this loss? Yes.

15:22

So you're going to be all right?

15:24

I mean, it's

15:26

hard to tell what construction costs are going

15:28

to be going forward, what the cost

15:30

of labor is going to be, what the

15:32

cost of materials are going to be.

15:34

So it's hard to know if the insurance

15:36

that we have is going to cover

15:38

everything. But we will manage through this. So

15:41

you're a long -time

15:43

resident. You're a long

15:45

-time employer, right? You

15:48

run a business. And

15:50

even though you're going to

15:52

rebuild, it's going to be different.

15:55

And I want you to tell me what you

15:57

think is going to be lost because of this

15:59

fire. That's

16:02

a tough question. I would hope nothing would

16:04

be lost, but of course there will be something.

16:07

I think we're going to lose a

16:09

number of our families. who are

16:11

not going to be able to stay

16:13

in the Altadena community. I mean,

16:15

I could name a family who they

16:17

lost their home, they lost their

16:19

club, and they lost their children's school.

16:22

So where do you go from there? They're

16:24

currently living down in Manhattan Beach, and I

16:26

don't anticipate they're going to come back. I

16:28

think as we go through the process, we

16:31

get further down the road, I think we're

16:33

going to be hearing more and more of

16:35

those stories. But we are going to be

16:37

here. We're going to rebuild. We're going to

16:39

bring back our... many current members as possible,

16:41

and then we're going to bring in new

16:43

members. New people will be living in Altadena

16:45

and building homes here, and hopefully we will

16:47

be attractive for them as well, and they'll

16:50

come and join the club as the vacancies

16:52

become available. The clubs stopped billing

16:54

members for their monthly dues, a couple

16:56

of hundred dollars a month, up to about

16:58

$450 or so, and it's obviously not bringing

17:00

in new members. Those fees can run in

17:02

the thousands. In the meanwhile,

17:04

they've worked out a partnership with clubs nearby

17:06

so that members can go for free

17:08

and the kids' swim team can still practice

17:10

this summer. Swim team, I understand, was

17:13

pretty good. Not bad. 31 years in a

17:15

row, championships. And, you

17:17

know, we're going to have swim team

17:19

again this year, and we're hoping to get

17:21

our 32nd. As long as they're

17:23

closed, obviously, they're not bringing in any

17:25

revenue. And Craig says they're going to have

17:27

to dip into savings to make up

17:29

what insurance can't cover. But

17:31

building back is their only option

17:33

because this business only works

17:35

in this location. The Altadena Town

17:37

and Country Club can't be

17:39

anywhere but in Altadena. If

17:42

you want to see some video of what we

17:44

saw while we were up there, we have it on

17:46

our website. It is, of course, marketplace

17:48

.org. Coming up on

17:50

the program tomorrow. Immediately,

17:52

people started calling me asking me,

17:54

you can come and use my

17:56

space. Running a business out of

17:58

a temporary location. Coming

18:21

up. When she asked me what I wanted

18:23

to be when I grew up, I always

18:25

said a garbage man. So I'm out here

18:27

living the dream. One man's trash, another man's

18:29

treasure. First, though, let's do the numbers. Dow

18:33

Industrial is off $699

18:35

today. One and three

18:37

quarters percent, 39 ,669.

18:39

The Nasdaq dropped 516

18:41

points, three and a

18:43

tenth percent, 16 ,307. The

18:45

S &P 500 down 120 points,

18:48

two and a quarter percent,

18:50

5275. The rush to buy,

18:52

buy, buy before tariffs hit push.

18:54

Retail sales up 1 .4 % February

18:56

to March. That's the biggest increase

18:58

in two years. Cars, sales thereof,

19:00

up 5 .3 % today. Bonds up,

19:02

yields down 4 .28 % on the

19:04

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TryLifeMD.com. That's T -R -Y -L -I -F -E -M

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-D.com. This is Marketplace. I'm

20:56

Kyle Rizdahl. We've been talking about safe

20:58

havens quite a bit since the

21:00

tariff palooza of April 2nd, places that

21:02

investors put their money when the

21:04

world turns to chaos. There is U

21:07

.S. debt, U .S. Treasuries, right? Backed

21:09

by the full faith and credit of

21:11

the United States. But

21:13

even that's considered less safe than it

21:15

used to be. We saw bonds sell off

21:17

after those tariffs were first announced, right?

21:19

There's gold, the OG safe haven, if you

21:21

will. It hit yet another record high

21:23

today. In 2025, there

21:25

is also Bitcoin, which Cryptotypes would

21:27

love to tell you is

21:30

going to be the future digital

21:32

gold. Marketplace's Matt Levin's

21:34

on that one for us today.

21:36

In the last couple of

21:38

years, when the stock market threw

21:40

a temper tantrum, Bitcoin seemed

21:42

to have an absolute hissy fit,

21:44

like back in the summer

21:46

of 2022 when the Fed started

21:48

raising interest rates to fight

21:50

inflation. We had a large decline

21:52

in Bitcoin associated with a

21:54

pretty large decline in the Nasdaq.

21:56

Lee Drogan is at Starkiller

21:58

Capital, a crypto investment firm. He

22:00

says that's because investors have

22:02

viewed Bitcoin more like a risky

22:04

tech stock than as an

22:06

actual currency capable of storing value.

22:09

But in the past few weeks,

22:11

we've seen a significant amount

22:13

of relative strength that Bitcoin's shown

22:15

to other risk assets. It's

22:17

been less volatile. When Bitcoin cost

22:19

around $84 ,000 right before those

22:21

massive April 2nd tariffs, and

22:24

after dipping some, it's now right

22:26

back at around $84 ,000. Bitcoin

22:28

true believers say that's a

22:30

milestone. Bitcoin is a teenager from

22:32

a literal perspective. Matt Hogan

22:34

is chief investment officer at Bitwise

22:36

Asset Management. It's, you know,

22:39

14, 15 years old. And so

22:41

it's going from this early

22:43

start as this risky asset to

22:45

its eventual adult life as

22:47

a hedge asset, just like gold.

22:49

Bitcoin backers argue that because

22:51

it has a limited supply that

22:53

can't be tampered with, Bitcoin

22:56

should be immune from, say, the

22:58

inflationary impacts of tariffs or

23:00

eroding faith in the U .S.

23:02

dollar. Lee Reiners at

23:04

Duke University is skeptical. You could

23:06

apply that logic to any

23:08

asset with a fixed supply, right?

23:11

If that's, you know, if that's

23:13

your thesis, like, why not, like,

23:15

why not beanie babies or like

23:17

baseball cards or something, you know,

23:19

or something else? Reiner says Bitcoin

23:21

is still far more correlated with

23:23

risky tech stocks than actual gold

23:25

and worries that embracing crypto as

23:28

something safer than it actually is

23:30

could endanger the non -crypto economy. I'm

23:32

Matt Levin for Marketplace. There's

23:38

an Adam Smith quote that I

23:40

like to trot out from time

23:42

to time. Adam Smith, Wealth of

23:44

Nations, 1776. Consumption, Smith wrote. is

23:47

the sole end and purpose of

23:49

all production. That is, the only

23:51

reason we make stuff is so

23:53

that people can use that stuff,

23:55

which, fine, we can argue about

23:57

that. But one of the great

23:59

challenges of this consumer economy is

24:02

what happens after we use all

24:04

the stuff that we use. That's

24:06

the setup for today's installment of

24:09

our series, My Economy. I am Joshua

24:11

Costa of Sleep Well Recycling in

24:13

Burlington, Vermont, Vermont's only mattress and box

24:15

spring recycling facility. I've been in

24:17

the waste industry since I was a

24:19

young boy. My first job was

24:21

in precious metal recycling, and I've always

24:24

just been interested in garbage. If

24:26

you ask my mom, she says when

24:28

she asked me what I wanted

24:30

to be when I grew up, I

24:32

always said a garbage man. So

24:34

I'm out here living the dream. When

24:39

I started in 2020,

24:42

the main garbage company up here

24:44

was charging $15 .95 per mattress.

24:46

And so I came in

24:48

at 18 and I said, hey,

24:50

just for $2 .05 extra, we

24:53

will recycle 75 to 100 %

24:55

of these items and keep

24:57

the contents, the foam, the topper,

24:59

the metal, and the wood

25:01

out of the landfill. So

25:08

we got the warehouse in

25:10

August of 2020 and we had

25:12

our fingers crossed to get

25:14

77 mattresses to pay the bills

25:16

for the warehouse. And that

25:18

week we ended up getting 900

25:20

from one hotel in Southern

25:23

Vermont. We

25:25

paid our rent, needless to say,

25:27

but then we had to learn

25:29

how to do mattress recycling at

25:31

a quicker pace than what we

25:33

had thought of before. We've

25:38

slowly increased our prices with

25:40

the market price to throw it

25:42

away just because we spend

25:44

seven to 10 minutes per mattress

25:46

and box spring disassembling it,

25:48

sorting it out. So right now

25:50

we are right around $35

25:53

per mattress. A

25:58

lot of our employees, or

26:00

at least 50 % of our

26:02

employees, are new Americans. So they're

26:05

either in refugee resettlement programs

26:07

or just folks around town that

26:09

haven't necessarily been given a

26:11

great shot at retaining a good

26:13

job. During the spring and

26:16

summertime, our busy time, we can

26:18

get up to right around

26:20

12 to 15 employees. Just

26:26

moving one mattress is enough for most

26:28

people in a day. But today we've

26:30

moved over 125, not to mention rip

26:32

them up and recycle the contents. So

26:34

it's a really difficult business. But honestly,

26:36

I just love doing a good thing.

26:38

And when people come in and they

26:40

see the hard work my guys are

26:42

putting in, they go, wow, I am

26:44

so glad that you're here in our

26:46

state doing this. And I say, well,

26:48

you're welcome. Joshua

26:53

Costa, Sleepwell Recycling in Burlington,

26:55

Vermont. How about that guy? No

26:57

matter where you lay your

26:59

head, we need your stories to

27:01

make this series work. Get

27:03

them to us at marketplace .org

27:05

slash myeconomy. All

27:11

right, we got to go. No time

27:13

for a final. I had to get that

27:15

Jay Powell cut in there. It's my bad.

27:18

All right. Our media production team includes Brian

27:20

Allison, Jake Cherry, Jessen Duhler, Drew Jostad. Gary

27:22

O 'Keefe, Charlton Thorpe, Juan Carlos Torado, and

27:24

Becca Weinman. Jeff Peters is the manager of

27:26

media production. And I'm Kyle Rizdal. We will

27:28

see you tomorrow, everybody. This

27:38

is APM. If

27:42

there's one thing we know about

27:44

social media, it's that misinformation is

27:46

everywhere, especially when it comes to

27:48

personal finance. Financially Inclined from

27:50

Marketplace is a podcast you can

27:52

trust to help you get serious

27:54

about your money so you can

27:56

build a life you've always dreamed

27:59

of. I'm the host, Janelia and

28:01

each week I ask experts

28:03

important money questions, like

28:06

how to negotiate job offers,

28:08

how to choose a college that you

28:10

can afford, and how to talk about

28:12

money with friends and family. Listen

28:15

to Financially Inclined you get

28:17

your podcasts.