Posted by Christina Huh
For Marketplace, Friday, March 4, 2011
The folks who sold low when the recession began are back on Wall Street buying high. Tess talks to a Wall Street Journal columnist about the mentality of 'sheepish bulls' and why have to convince your brain to buy low and sell high (not the opposite) to succeed in the stock market. Tess also chatted with Dr. Richard Settersten about why twenty-somethings are taking longer to reach "true" adulthood and what role the recession has with this development, if any.
Pensions for public workers have been put under the microscope by many states facing budget crises. Adriene Hill takes a look at the pros and cons between pension and 401(k)-style plans. Reporter Stacey Vanek Smith examined the office trend of moving towards more open office spaces eliminating cubicles (most of Marketplace is still in cubes, by the way). A former high-flying corporate employee shares her experience of losing her job and taking a much lower-paying one. And Tess and Chris Farrell answer your personal finance questions and senior producer Deb Clark dug through the Marketplace Money mailbag with Tess. And here are the songs we played: