To put it in real terms: This press conference cost the U.S. stock market somewhere in the realm of $1-2 trillion dollars.
Reposted from
Joe Weisenthal
*S&P 500 FUTURES SINK 1.9%, NASDAQ 100 FUTURES SLIDE 2.7%
Comments
More than half of Americans own stock, most through retirement plans. As for "gambling" on stocks, that depends on what one means by that word. People who research what they're interested in buying usually do better than those who chase the latest trend.
We are not rich, and that stock is going down fast, along with the rest of American's small portfolios.
Better have a lot of money to support them as well as yourself.
These losses were inflicted by Donald J Trump.
it really feels like he's just doing this out of spite because he lost the first time and his insurrection didn't go anywhere. this isn't "make me rich", this is "that'll teach you"
think computer chips
tiawan is on list at 64%
there goes your entire tech sector
and i mean all of it from games to animation
this is the 7-9 trill BIG BANG hes going to fuck you for
https://finance.yahoo.com/quote/SPY/
This will be followed by a full fledge depression, its unavoidable.
What number should he have used?
He always had dumb ideas that couldn't work, & when pros told him so, he thought he was smarter, did it anyway, crashed the business. & declared bankruptcy.
We warned you, American voters. You thought you were smarter.
Sure would be a good time for Financial Crimes at Treasury not to be working for a corrupt toadie like Scott Bessent.
🤢
I can always just print a coin. 😜
Cockayne said tariffs on this would help skill up England and balance trade deficit.
It doubled unemployment. And made Cockayne richer when he bought the dip when cloth prices collapsed.
(sarcasm)