Local expert explains what a bear market means for your money

By: CBS 58 Newsroom

Posted: Aug 31, 2022 6:46 AM CDT

NOW: Local expert explains what a bear market means for your money

MILWAUKEE (CBS 58) -- Worries over inflation and higher interested rates have sent the stock market crashing back into the claws of a bear market.

But what does that mean for your money?

Local financial professional, Tom Neumann from Drake and Associates, joined CBS 58 on Wednesday, Aug. 31 to talk about what money-making moves we should consider right now.