Business Insider: Boomers face a 'devastating' blow to their life savings as more tariff pain looms, finance guru warns
Peter Ricchiuti, senior professor of practice in finance and research director of Burkenroad Reports, was interviewed by Business Insider for a story about the impact of President Trump's tariffs on the investment accounts of Baby Boomers.
"For the small investor, the decline in value will be devastating, particularly for retired baby boomers" who draw their incomes from their retirement accounts, Peter Ricchiuti, a senior professor of finance at Tulane University's Freeman School of Business, told Business Insider.
"The worst part of all this is that these economic wounds are self-inflicted," he said.
To read the article in its entirety, visit businessinsider.com:
Interested in advancing your education and/or career? Learn more about Freeman’s wide range of graduate and undergraduate programs. Find the right program for you.
Recommended Reading
- Peter Ricchiuti: The Art of Making Things Make Sense
- What Can You Do With a Business Analytics Degree?
- Meet the MBA Class of ’26: Austin Smith
- Fintech entrepreneur Todd Schwartz to serve as 2024 Freeman Distinguished Lecturer
- Master of Finance degree leads to career in health care and analytics
- Ukrainian scholar to discuss economic impacts of war
Other Related Articles
- Newsweek: How Donald Trump's New Tariffs Compare to His First Term
- Subramaniam appointed senior associate dean for graduate programs
- CNN: US stocks have been the envy of the world. Trump could risk that
- NPR: Stocks sink again, as Trump doubles down on tariffs
- Freeman alum Rick Rees rejoins Board of Tulane
- The National Desk: High percentage of Americans have more credit card debt than emergency savings
- The Advocate: Which Louisiana stocks in 2024 were powered by the AI boom?
- Invezz: The growing power of the individual investor
