"In 1929, the US stock market lost over 20% of its value in two days - and 50% within three weeks. That was the famous Wall Street Crash that ushered in the great depression of the 1930s."
We're well on our way.
Asia markets just took a massive hit. US futures are showing another -5%.
We're well on our way.
Asia markets just took a massive hit. US futures are showing another -5%.
Comments
We hit -20% tomorrow (cumulative since tariffs) if the futures markets are correct.
Reciprocal tariffs have yet to be put in effect in many places.
If the Mad King keeps it up, we're cooked.
Futures are showing -5% tomorrow.
But just give it a few days. The damage has only started.