The economic expansion has come with high corporate profits, but barely any wage growth. Now, markets are in a tizzy over a a recent bump up in wages. But Germany has an even tighter job market without higher inflation, and one measure of job market tightness — the number of people who quit jobs to take new ones — remains low.
The stock market plunged more than 1,000 points on Monday, reversing the growth in the markets throughout 2017. Richard Salmen is chair of the Certified Financial Planner Board of Standards talks with NPR's Ari Shapiro about what consumers should be doing.