April 13, 2025 - 20:58
When the economy feels shaky, as it has recently with the announcement of high tariffs on major trading partners of the U.S., consumers often look to finance experts for guidance. Notable financial advisor Suze Orman has expressed concerns about a potential bear market on the horizon. This term typically refers to a prolonged period of declining prices in the stock market, which can significantly impact investments and savings.
Orman emphasizes the importance of being prepared during such uncertain times. She advises individuals to assess their financial situations and consider adjusting their investment strategies. This may involve diversifying portfolios or shifting to more stable, lower-risk assets. With economic indicators fluctuating and consumer confidence wavering, it’s crucial for individuals to stay informed and proactive about their financial health.
As the market dynamics evolve, Orman encourages people to focus on long-term financial goals rather than reacting impulsively to short-term market shifts. Being financially resilient can help navigate through potential downturns and safeguard personal wealth.
