All eyes are on the stock market as stocks nosedived on the heels of the President Trump’s sweeping tariffs.
BUFFALO, N.Y. — Tony Ogorek of Ogorek Wealth Management said “people have every right to be nervous” about the stock market.
“It really indicates a surprise from the general consensus, which was that this was going to be a negotiating move and maybe there would be some tariffs, but certainly nothing in the 40% to 50% range,” he said.
“A lot of Americans are going to be liberated from being able to retire earlier, from reasonable 401K balances, and I think that what we’re going to see is they’re going to be liberated from employment.”
Ogorek believes the thought that these tariffs will create pain now, and in the end it will be good should make people pause and think.
“It’s throwing us back to an era where the world was different. When they say ‘integrated,’ you know, in terms of …