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Bargain Leggings, Bonds Booming & a Teen Ban Down Under.
This week, Soph broadcasts live from her parents’ kitchen (with some White Lotus background noise), armed with a paloma and a whole lotta feelings about egg freezing, the cost of being a woman, and why her Gossip Girl rewatch is the only hormone-free coping strategy she can actually afford. Expect big convos about the tariff tit-for-tat between China and the U.S., including why Apple stock soared and why Chinese factories are now selling $8 Lululemon leggings straight to your TikTok feed (yes, really). We’re talking about how Hermes just served LVMH the ultimate glow-down by overtaking them in market value and China’s $800B bond power play and how it could send the U.S. economy into a bit of a spiral. Oh, and over in Australia, there’s talk of banning social media for under-16s - except YouTube, which gets a free pass for being “educational”.
WTF Does That Mean? A Guide to All the Jargony Bits
Tariff – A tax on imports. Basically, countries throwing financial shade at each other.
Bond – A boring-but-reliable IOU. You lend money, they pay you back (with interest).
Interest Rate – How much extra you pay (or earn) when borrowing or saving money.
Emergency Fund – Your oh-sh*t stash. For car repairs, surprise bills, or life.
Insurance – Pay now so Future You isn’t broke if things go wrong.
Share Price – The cost of owning a slice of a company. It goes up, down, and all around.
Stock Market – The big ol’ shop for buying and selling company shares.
Currency Strength – Strong currency = bougie holidays. Weak = staycation it is.
Click here to listen to the full Abbie Chatfield convo we played in this episode.
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