As 2025 comes to a close, economist and fan-favorite guest Robert “Tino” Sonora returns to What Do You Know for our annual year-end wrap-up. A Professor of Finance at the University of Montana’s College of Business, Tino helps us make sense of the year’s biggest economic stories—from inflation cooling and shifting consumer habits to the ongoing impacts of global trade tensions. We break down what actually happened in 2025: Who gained ground, who struggled, and how key policy moves—from tariffs to interest-rate decisions—played out for everyday Americans. Then we look forward. What should we be watching and hope for in 2026? It's a spirited conversation to close out the year.