How tariff uncertainty affects the economy and your money - MPR Interview
Photo credit: Nikhil Kumaran | MPR News
Ross Levin, Founder & Shareholder of Accredited Investors Wealth Management, was featured on Minnesota Public Radio this week.
Ross joined Angela Davis and Chris Farrell to discuss “How tariff uncertainty affects the economy and your money.” The episode featured Neel Kashkari, president and chief executive officer of the Federal Reserve Bank of Minneapolis, who discussed how the current tariff uncertainty could impact macroeconomic factors such as inflation and employment. Ross then shared valuable insights on managing finances amid the uncertainty and market turbulence stemming from ongoing tariff policy changes.
Some key takeaways from Ross's segment include:
This current market situation is unique due to policy-driven disruptions, causing heightened emotional responses and sharp political divides.
Investors should focus on what they can control, such as spending habits, debt management, and maintaining adequate cash reserves.
Ross emphasized "doing the least necessary" rather than reacting drastically, advocating for a disciplined, long-term approach to investing.
He discussed practical financial strategies, including the importance of diversification, appropriate use of credit, and maintaining liquidity to navigate volatile markets.
Listen to the full episode here: How Tariff Uncertainty Affects the Economy and Your Money.
This interview aired on Minnesota Public Radio on April 14, 2025