Moneywise Wealth Management financial advisor discusses current state of economy
Mar 13, 2025
BAKERSFIELD, Calif. (KGET) — Wall Street, once again, is in the red as investors express concern over President Trump's tariffs as well as new inflation data.
What does this mean for 401-K, other investments, and the state of the U.S. economy?
Moneywise Wealth Management financial advisor,
Sherod Waite, says investors should be nervous if they're going to need that money soon. However, that it is normal to see this correction, 10% drop from the S&P 500, as it happens every year and a half.
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