Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's what sharemarket investors need to know to weather the current storm. Hosted by Frances Cook.
There's a famous saying that when the tide goes out, you get to see who's been swimming naked.
Well the tide is now definitely out, and a few people are in trouble for indecent exposure.
The economy is being hammered on multiple fronts, leaving the sharemarket down - way down.