As the stock market tumbled and surged on Monday, traders searched for any sign that President Donald Trump’s tariffs could be paused or negotiated.
Meanwhile, near and new retirees are bracing their wallets for turmoil as the markets reel. Financial experts call the five-year period before or after a person stops working ‘the retirement danger zone,’ making it crucial for retirees to be proactive as they plan their retirement stage.
Finance Committee Chairman and Brooklyn Councilman Justin Brannan joined “The Rush Hour” to discuss the impact that tariffs and the stock market may have on pensions and savings for retirees.