Tariffs. Consumer sentiment. Cape Ratio. Pick The Indicator of The Year!

In this episode of The Indicator from Planet Money, Darian Woods hosts a "Family Feud" style debate with colleagues Kenny Malone and Greg Rosalski to determine the "Indicator of the Year." Kenny Malone argues for consumer sentiment, highlighting the persistent negative feelings about the economy. Greg Rosalski champions tariffs, emphasizing their significant increase and potential constitutional challenges. Darian Woods presents the CAPE ratio, a measure of stock market expensiveness, as a terrifying sign. Listeners are invited to vote for their choice via email or Instagram.