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The stock market is down, but you don't need to be

Traders working on the NYSE floor following the worst day for markets in 2025.
Spencer Platt
/
Getty Images
Traders working on the NYSE floor following the worst day for markets in 2025.

Government cuts. Tariff uncertainty. Sticky interest rates. These are not helping the tumbling stock market. There's a sinking feeling among some Americans that a crash is imminent.

But ... should we all be so worried? Today, we brush away the cobwebs of stock market fear and confusion, and bring some long-held facts to the surface.

Related episodes:
Why to look twice when your portfolio is doing well (Apple / Spotify)
The cautionary tale of a recovering day trading addict (Apple / Spotify)

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Fact-checking by Tyler Jones. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

Copyright 2025 NPR

Darian Woods is a co-host of The Indicator from Planet Money.
Wailin Wong
Wailin Wong is a co-host of The Indicator from Planet Money.
Cooper Katz McKim
Cooper Katz McKim produces NPR's daily economics podcast The Indicator from Planet Money. Before The Indicator, McKim reported at NPR Member stations in South Carolina and Wyoming. At Wyoming Public Radio, he filed stories with NPR's Environment And Energy Collaborative on bankruptcies, carbon capture and economic transition. He's won a national Edward R. Murrow Award for Best Use of Sound. More recently, he's served as a podcast producer at Sports Illustrated and the HISTORY Channel. He's a graduate of Tufts University. [Copyright 2024 NPR]
Kate Concannon
Kate Concannon is the Supervising Senior Editor at The Indicator from Planet Money. She leads this small, collaborative team of hosts, reporters and producers in making sense of crucial, but often complex and confusing, economic news in just 10 minutes a day.