Good morning! It’s Daniel de Visé with your Daily Money. We’ll take a break from Consumer Friday to take stock of the stock market.
President Trump’s tariffs have sent the stock market tumbling, raising concerns for anyone with an IRA or 401(k).
Dramatic market plunges can be stressful, especially for those nearing retirement age. How should savers respond?
Is it a good time to invest?
It may not be the best time to look at your 401(k), but is it a good time to invest in the stock market?
For the not-so-faint-of-heart, a bad week on Wall Street brings opportunity. You can buy stocks while prices are down.
But when is the right time to buy?
How to prepare for a recession
While we’re on this topic, let’s resurface a story we featured last month. It seems more resonant than ever.
If President Trump’s tariffs are about to sink the United States into a recession, as some economists fear, it will be one of the most widely anticipated downturns in recent memory.
Americans have had lots of time to prepare. But are we ready?
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About The Daily Money
Each weekday, The Daily Money delivers the best consumer and financial news from USA TODAY, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.
Daniel de Visé covers personal finance for USA Today.
