How Will the Stock-Market Turbulence Affect Your IRA?
Needless to say, President
Donald Trump's first 100 days in office have rattled the stock market. The broader benchmark S&P 500 index fell about 8% during Trump's first 100 days, marking the index's worst performance in this time period since the first 100 days of former President Gerald Ford's presidency in 1974. And truthfully, things could have been worse with the index falling close to 20% from highs made in the second half of February. Trump's sweeping tariffs caught the market off guard, and things only recovered after Trump announced a 90-day pause. The odds of a recession have increased, and Trump's tariff saga seems far from over. But if you're worried about your IRA savings, read this first.
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