Don't Waste Your Money | Stock market uncertainty grows as tariff talks heat up
LOUISVILLE, Ky. (WDRB) — The stock market has been swinging wildly in the recent days, reacting to every bit of news about tariffs and the economy.
If you have money in a 401k retirement account, you’re not having much fun this month. Many investors are starting to get nervous about whether a downturn is coming.
Some people aren’t too worried about the stock market just yet, but if tariffs continue to hit hard, that could change.
Most market experts say there is no need to panic right now. The markets have recovered from every downturn the past 50 years, even the 2008 financial crisis. Downturns like this usually turn out to be great times to “buy low” and put more money into stocks.
If you think back to 5 years ago during the COVID shutdown, stocks dropped 30% during the month of March. They came back in a few months, which is good to remember.
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