Mark Zandi, Chief Economist at Moody's, discusses the volatile impact of trade tensions on the economy, warning of potential recession risks. Hillary Hendershot, a Certified Financial Planner, offers practical tips for navigating personal finances during these turbulent times. They explore the significance of saving, mindful spending, and maintaining cash reserves. Additionally, they emphasize the importance of increasing 401k contributions and adopting long-term investment strategies despite market fluctuations.
