MILWAUKEE — Many Wisconsinites were double-checking their investments and retirement accounts Thursday, as the markets dropped 24 hours after President Donald Trump detailed sweeping global tariffs.

"This is what we call an epic event," Margaret Hughes-Morgan, an assistant professor at Marquette University, said. "This happened on 9/11, and in March of 2020 with the beginning of COVID, and this is truly as bad as it gets."

Still, despite Thursday's losses and whatever might be on the horizon Friday, Hughes-Morgan said things should look better long-term, at least based on history.

"After COVID and 9/11, in both cases, the stock market rebounded quite quickly, " Hughes-Morgan said. 

Watch the full interview above.