Roughly $11.1 trillion has been wiped away from the U.S. stock market since Jan. 17, the Friday before President Donald Trump took the oath of office and began his second term, according to data from Dow Jones Market Data.
Some $6.6 trillion of that figure was lost on Thursday and Friday alone — the largest two-day wipeout of shareholder value on record, Dow Jones data showed.
It’s going great!
Oh, is it tee time already?
so weird to be cheering for our own demise, but is it really our own demise? i don’t own stocks. do you? and where does 11 trillion actually go? to another country’s market? fiat currency is so weird. it’s almost as if it’s all just smoke and mirrors that don’t actually reflect reality. did anything physically change since dumptwat announced tariffs? capitalism just seems like a giant lie divorced from reality. let’s burn it all down.
The value went away, not actual money. Say you own a pair of Jordan’s original shoes worn playing for the bulls, and he shows up drunk on a tv show and spends an hour crapping all over the bulls. You still own the shoes, but they will be worth less if you try to sell them.
Do you have a 401k?
In terms of where the money foes its quite easily. The majority will just evaporate. A lot of people and company’s may shift their invested money to European (or somewhere else) companys whichay rise a bit in value, but the majority of the money is just gone. The value of a company is a mix of how profitable they are and a lot of how much people think a company will be profitable in the future and therefore are investing into it (its like the typical production and demand thing. If more people want to buy something it rises in value).
where the money foes its quite easily. The majority will just evaporate.
the thing that didn’t exist in the first place evaporated. that doesn’t sound weird to you?
also “how much people think a company will be profitable”… you just described a confidence game and gambling.
It is like you said. Its artificial value. Its value generated, by how much people are willing to pay for a share of it. And as you rightfully realised, its basically gambling. You can make predictions based on the current trend (what ever trend it may be),but its still gambling.
Go woke go broke? Seems like when you go conservative you get absolutely ripped.
It was projection once again. It turns out being anti-woke is indeed the path to poverty
Wow, $11 trillion is a lot. Really puts the $36 trillion sitting liquid in offshore tax havens into perspective (yet seems to be missing from every conversation about money.)
How does this compare to 2008?
28 September 2007 S&P 500 was $1526 per share
27 February 2009 it was $735
31 January 2025 it was $6040
Today it is $5074
Ok, so 2008 was a 52% loss in almost a year and a half.
Right now it’s only a 16% loss in a little over 2 months.
Someone far smarter than I am could maybe figure out the monthly decline percentage and compare 2008 losses vs now. Don’t get me wrong, it’s a shitload of money, but it doesn’t look like the stock market is anywhere close to reaching 2008 levels of loss…yet.
Roughly
3.05% per month in 2008
7.75% per month today but the time period is much smaller
Let’s see if he can make that number $111 Trillion lost by the end of May 2025.
Putin will be pleased.
Now I know why Trump, during his rally, said people would ask him to stop winning.
At least there’s no genocide in Palestine, right?
Right?
I mean, to be fair, most of the genocide already happened before election day under Biden, but yes, there will definitely be more as long as the AIPAC bribes keep flowing-- and no one is talking about shutting those down.
So… “to be fair” what you’re claiming, is that there’s little genocide left for Trump to commit, and then- a bunch of conspiracy theories.
It’s a damn good thing you people argue so diligently on the side of reality. It really helps drive that batshit insane ideology of yours home.
I mean no disrespect, because we are writing sentences that we never intended to write, but Jesus Christ, “most of the genocide already happened (…) under Biden”. It’s utterly depressing. I’m really disappointed that American citizens worked very hard for this to happen, but it feels also like a consequence of something bigger, as if there was a bipartisan dictatorship or something even deeper, in which parties are just knights or bishops.
Israeli secret service soft-couping the US by straight up killing any official that does not match their views?
already happened
Watching the ‘genocide Joe’ crowd cope with the fact they supported the turbo genocide candidate will never not be funny to me (In the grim irony kind of way).
I’m always a bit fascinated that theres so few of us that see it this way. The killings definitely happened, the US definitely helped. Seems pretty factual. And yet the pushback on these facts with the US crowd is extreme and seemingly very emotional for the pro zionist crowd-- which is not in line with what the rest of the world thinks.
I’m not sure why you refuse to hold him and his administration accountable. Genocide Joe is an apt name for someone that chose to give more importance to genocide then he did to representing his voters and this country in general.
They sabotaged their own election so Israel can break child death records. He could have simply told Israel to fuck off. I’d rather blame them then normal people that felt conflicted about genocide of all things.
The genocide Joe crowd think the Israel/Palestine war started October 2023. They aren’t very smart.
Yeah, god they’re so full of shit.
Is this the red wave?
Certainly there’s bleeding
Stock market always fluctuates at big changes. Bigger the changes – bigger the fluctuation. There isn’t much sense of checking that fluctuation every few hours. Wait a few months at least. And that situation would be interesting.
Wow you’re full of shit.
More like Lobotomizedbot_001
The thing is that in the past our government wasn’t intentionally doing irreparable harm to our economy by giving nearly every trading partner we have the middle finger.
Maybe the markets will recover, but we might be looking at a situation similar to the great depression, especially if people start making bank runs.
I don’t know if people will hit the banks.
Back on black Tuesday, most things were bought with cash.
Now everyone either uses debit or credit. I don’t think there will be the big of a demand for cash unless one of the big banks says it has run out.
I do think that the credit market might implode within 6 months, as many Americans will probably forgo paying their debt to buy food for the week, and the credit companies will not have the capacity to squeeze blood from that many stones at once.
If consumer credit crashes, then the consumer economy essentially collapses, as a huge chunk of the population essentially lives on a knife edge between their bank balance and credit limits.
I give it at least a month before this all really starts to go tits up.
Anyway, I’m gonna go buy some waterproof storage bins and about 500 pounds of rice and beans tomorrow, just because that’s my new hobby.
Soak the beans, separate them into meal portions, and freeze them. Kills any pests that would eat your beans, and they will be ready to cook.
A liter of honey has about 3000 calories and can be stored for a very long time. Peanuts are high in protein and calories and easy to store for emergencies.
A very long time being essentially forever right? Didn’t archaeologists find 2000 - 3000 year old honey in a tomb that was still good to eat?
Honey and bees wax are amazing. Honey is very high in sugar, yet mold and other fungus doesn’t grow in it. Hollow trees, where bees like to nest, is also a common place to find fungus growing but not in a beehive.
TIL 2000 and 2008 were just fluctuations due to big changes.
Stock market peaked 19 feb, 1.5 months ago. It has lost 17% since then.
That’s an awfully long and persistent fluctuation.
Annual average growth of the stock market is around 7%. That means some years it might be +21% and the next year -5%. Now we’re about 2% on the negative from a year ago. That’s not great but it’s not catastrophic either. I bet that in few years this particular dip is just one of the many and it’ll barely even register on the graph.
Your prediction is based on this being a drop based on normal market fluctuations, but that’s not what this is. This drop is based on just the NEWS of tariffs that ALL economists recognize will be disastrous. Wait until the tariffs are actually in place, prices rise steeply, spending plunges, and the ripple effect moves across the entire global economy. That 17% drop won’t be some random sawtooth on a chart, it will be the first dip in a steady long-term downward trend.
Ask the economists if restricting trade will lower gdp or not. I have a tiny suspicion this isn’t a “fluctuation”.
Are we winning yet?
Nope, but someone believes there’s a plan 🤔
https://unherd.com/2025/02/why-trumps-tariffs-are-a-masterplan/
🤡🤡🤡
This dude is convinced Trump has a grand plan and is a master negotiator.
That’s a lot of words to say Americans should expect a rapid decline in their standards of living so we can drive down the price of our own labor due to people being desperate.
That seemed like rambling wheels within wheels nonsense.
Liberating the fuck out of our wealth. <teamAmericaTheme.wav>
We use .flac around here /s
Into the hands of billionaires, who will be the only ones left able to buy up whatever they deem still has value.
So much winning!
Curious how does that stack up historically with the largest drops in history percentage-wise?
Of some note is that the market was only allowed to tumble for two of those five days following the announcement of the tariffs. That almost assuredly makes a difference here.
Can’t wait for next week lmao
