U.S. stock market loses $5 trillion in value in three weeks
U.S. stock market loses $5 trillion in value in three weeks
The S&P 500 has fallen more than 10% from its record high, entering a correction and shedding trillions of dollars in market value.
Summary
The U.S. stock market has lost over $5 trillion in value in three weeks as the S&P 500 fell 10% from its record high.
The decline, driven by concerns over Trump’s trade policies and slowing economic growth, has led to weaker consumer sentiment and cautious corporate outlooks.
Barclays strategist Emmanuel Cau noted rising uncertainty among investors.
The selloff has also hit AI-related stocks, with Nvidia down 17% and the Magnificent Seven ETF falling 16%.
-
My finance app automatically increased my retirement age by 8 years as a result of this. Retirement accounts, though diversified, are tanking. At least I have years to wait this out - I feel bad for anyone who was planning to retire soon.
-
Good time to buy. Might get a couple more shares in each parcel purchase.
-
-
Numbers like this really put the £36 trillion sitting liquid in tax havens into perspective. If you think about what "money" is supposed to represent as a social construct, all the efforts and suffering in it's name, I call that £36 trillion the "Well of Souls."
-
Imagine if even half of that money had been distributed to the people who earned it by working hard.
-
-
You cannot say that Trump runs the government better or worse than a business. Remember: he managed to ruin a casino, usually an amazingly difficult feat.
-
Nobody has ever ran business like this before - believe me. Experts look at it and, and they - the experts - they say wow. Just WOW. They just can't find them - the words. The words. The words - they just come to me. Such beautiful words. Just the other day, a successful business owner came up to me and said sir - you have such beautiful words. Can you believe that? Such a strong business man. No surprise. He's clearly so smart. But I can just say words and people love them. Words together; words apart. Never together unless it's in an ok way. But we'll figure that out. You know what I mean. But we'll figure that out. We'll figure it out with the experts. The experts - states. The states figure that out.
-
That's not actually true, casinos go broke just like normal businesses
https://news.temple.edu/news/2016-10-25/bankruptcy-expert-studies-trump-casinos
You can see from the graph other Atlantic City casinos had a hard time too, just not as bad as Trump's
-
-
The wheels on the stock market crash, crash, crash....crash, crash, crash......crash, crash, crash. The wheels on the stock market crash, crash, crash, all the way home. 🎵
-
Just in time for the boomers retirement... I wonder if this will finally make the gereatrics to turn on daddy
-
Only for the very youngest. Most are long retired.
-
-
Lmao and lol.
Even though yes, I too lost a ton of money, this still makes me giddy.
-
I deleted my Fidelity app. I wasn’t gonna do anything with the money in there anytime soon and I’d rather not know.
-
Absolutely the worst thing you can do now is sell.
-
-
God I wish I had my options account open.
-
Choo Choo
-
We're cooked. 😭
-
Make America Great(ly depressed) Again!
-
It's 4D chess! /S
BahahaHahahaha
-
Hahahahahahahahahhahahahahahahahahahahahahahahahahahahahhaahahahahahahahahahahha *deep breath* hahahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahahhahahahahahahahahahahahahahahahahahahah
-
The question is, how will Bonespurs blame this on The Biden Crime Family™ ?
-
Its okay! Emmanuel Cau has been deported. We'll never have to hear this stuff again. What is it anyway? The throughth?? Tooth? Whatever, you can't handle it!