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Cooking the Books podcast: Is the KiwiSaver carnage as bad as it looks?

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Traders work the floor at the New York Stock Exchange in New York last month as stocks swing sharply, with talk of bear markets and recession increasingly dominating headlines. Photo / AP

Traders work the floor at the New York Stock Exchange in New York last month as stocks swing sharply, with talk of bear markets and recession increasingly dominating headlines. Photo / AP

Each week BusinessDesk and the NZ Herald's Cooking the Books podcast tackles a different money problem. Today, it's the sea of red in your KiwiSaver, and how to work out if yours is as bad