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Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
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As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
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Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead. https://kraken9.vip
“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
Arctic auroras ethena
For getting around during winter, the Inuit here nowadays prefer snowmobiles, although they still keep their sled dogs. During winter they’ll offer intrepid visitors, wrapped up warm against the deep-freeze temperatures, dog-sledding jaunts. These can last either an hour or be part of expeditions over several days, sometimes with the added experience of learning how to build an igloo. Sisimiut on the west coast and Tasilaq in the southeast are active winter centers for dog sledding.
Winter’s most stellar attraction, though, is northern lights watching. With little urban light pollution, Greenland is a dark canvas for spectacular displays, and aurora borealis-watching vacations are becoming more popular.
Staying outdoors, Greenland is developing a reputation among adventure enthusiasts: from long-distance skiing expeditions and heliskiing on the icecap to hiking the 100-mile-long Arctic Circle Trail from Kangerslussuaq, where firearms need to be carried for warning shots in case of polar bear encounters.
Life is definitely changing here. The climate crisis is eating away at its icecap and Greenland may well end up as a pawn in a game of geopolitical chess. But for now, the bright glare of international attention should shine a favorable light on one of the wildest travel destinations on Earth.
Travel writer Mark Stratton is an Arctic specialist who has traveled to Greenland six times and counting. He’s marveled at the aurora borealis, sailed to Disko Island, dog-sledded with the Inuit, and once got stuck in an icefloe.
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Americans nearing retirement and recent retirees said they were anxious and frustrated following a second day of market turmoil that hit their 401(k)s after President Donald Trump’s escalation of tariffs.
kraken33 at
As the impending tariffs shook the global economy Friday, people who were planning on their retirement accounts to carry them through their golden years said the economic chaos was hitting too close to home.
kra27
Some said they are pausing big-ticket purchases and reconsidering home renovations, while others said they fear their quality of life will be adversely affected by all the turmoil.
“I’m just kind of stunned, and with so much money in the market, we just sort of have to hope we have enough time to recover,” said Paula, 68, a former occupational health professional in New Jersey who retired three years ago.
Paula, who spoke on the condition of anonymity because she feared retaliation for speaking out against Trump administration policies, said she was worried about what lies ahead.
https://kraken9.vip
“What we’ve been doing is trying to enjoy the time that we have, but you want to be able to make it last,” Paula said Friday. “I have no confidence here.”
Trump fulfilled his campaign promise this week to unleash sweeping tariffs, including on the United States’ largest trading partners, in a move that has sparked fears of a global trade war. The decision sent the stock market spinning. On Friday afternoon, the broad-based S&P 500 closed down 6%, the tech-heavy Nasdaq dropped 5.8%, and the Dow Jones Industrial Average fell more than 2,200 points, or about 5.5%.
Arctic auroras
ethena
For getting around during winter, the Inuit here nowadays prefer snowmobiles, although they still keep their sled dogs. During winter they’ll offer intrepid visitors, wrapped up warm against the deep-freeze temperatures, dog-sledding jaunts. These can last either an hour or be part of expeditions over several days, sometimes with the added experience of learning how to build an igloo. Sisimiut on the west coast and Tasilaq in the southeast are active winter centers for dog sledding.
Winter’s most stellar attraction, though, is northern lights watching. With little urban light pollution, Greenland is a dark canvas for spectacular displays, and aurora borealis-watching vacations are becoming more popular.
Staying outdoors, Greenland is developing a reputation among adventure enthusiasts: from long-distance skiing expeditions and heliskiing on the icecap to hiking the 100-mile-long Arctic Circle Trail from Kangerslussuaq, where firearms need to be carried for warning shots in case of polar bear encounters.
Life is definitely changing here. The climate crisis is eating away at its icecap and Greenland may well end up as a pawn in a game of geopolitical chess. But for now, the bright glare of international attention should shine a favorable light on one of the wildest travel destinations on Earth.
Travel writer Mark Stratton is an Arctic specialist who has traveled to Greenland six times and counting. He’s marveled at the aurora borealis, sailed to Disko Island, dog-sledded with the Inuit, and once got stuck in an icefloe.
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