| Books: May 31, 2003 | |
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There were no books mentioned in this program, but you can find lots of book resources on several important topics in our Toolbox.
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Sound Money for May 31, 2003
 The basics of ETFs
What trades like a stock, but tracks the market like an index fund? Exchange Traded Funds or ETFs. Christopher Traulsen, senior fund analyst for Morningstar.com, shares the basics. (May 31, 2003)
Can auto workers count on their pensions?
Reporter Rick Pluta talks to auto workers nearing retirement. Can they count on their pensions? (May 31, 2003)
Can the PBGC afford to be America's safety net?
Dallas Salisbury, president and CEO of the Employee Benefit Research Institute, teaches us about the Pension Benefit Guaranty Corporation and discusses whether it can afford to be a safety net for America's pensioners. (May 31, 2003)
The new tax cut and your pocketbook
Sound Money's in-house investment expert Erica Whittlinger explains how the new tax cut will affect your pocketbook. (By Erica Whittlinger on May 31, 2003)
Listener questions for May 31, 2003
Our Economics Editor Chris Farrell answers listeners' questions on personal finance and the economy. (May 31, 2003)
 An optimistic outlook — at least in the short term
Some forecasters are worried that the current economic malaise signals the U.S. economy is following Japan into a long-term deflationary funk. I'm a strong believer that the global economy is making a once in a half-century or so transformation from a world where inflation is the dominant price trend to one of deflation or falling prices. But in the short run I'm also convinced that those forecasters predicting a reasonably healthy economic recovery are right. (By Chris Farrell on May 31, 2003)
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