Bear market causes Americans to lose trillions in retirement savings
June 17, 2022
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4:05Now PlayingBear market causes Americans to lose trillions in retirement savings
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as posted by the channelThe rising cost of consumer goods coupled with the stock market's decline is taking a devastating toll on Americans' retirement plans. This year's sell-off erased more than $3 trillion in value in retirement savings alone. John Leer, chief economist at Morning Consult, spoke with CBS News' Michelle Miller and Elaine Quijano about the affect on Americans' retirement plans.
#News #bearkmarket #inflation
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