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.
Lets hope this leads to Republicans loosing for 60 years like last time :3
We’re entering Once in a Lifetime Recession #5. Buckle up folks. The feds up shits creek and has been since COVID, so no cash bailouts are coming anytime soon. This should be a fun one!
Turns out a lifetime is only about 20 years.
Try 8. We’re getting closer to “a few weeks” now.
so the chainsaw worked!
Are we winning yet?
Is America great again yet?
Nope, but someone believes there’s a plan 🤔
https://unherd.com/2025/02/why-trumps-tariffs-are-a-masterplan/
That seemed like rambling wheels within wheels nonsense.
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.
🤡🤡🤡
This dude is convinced Trump has a grand plan and is a master negotiator.
Oh no, billionaires losing unrealized gains, what a shame
Let’s flip the fuck out about it
Or regular people all losing money they had invested
Dude how many of the 49% of USA citizens who can’t even handle a 1k USD emergency spend have stocks or options
How many of the 120 million people who have feared for years that they won’t get to enjoy their social security have stocks or options
Because that’s the regular people
Are you even reading yourself
I’m sorry to tell you but everyone is screwed except the billionairs who will just buy everything for pennies on the dollar. What do you think companies will do when their stocks are crashing? They will lay off more people until they inevitably go belly up and then all of those people are out of jobs. Shit is about to get real.
Well over 49% of usa Americans make enough to save a thousand dollars . Many are just that bad at managing money. Part of why pensions are important over 401ks.
buddy 401k contributions come out of your paycheck. you can’t equate one with the other. Most people usually check the box to take taxes and contributions out of their paycheck and don’t consider their retirement account emergency savings.
the point your missing is it often is. and it usually equates to to stock market losses. So stock market crashes are when the rich make the poor poorer.
Yet here you poors go cheering on everyones grandma to starve to death. Far left and far right horseshoe death cult assemble.
They’re different methods of retirement planning. They are absolutely equatable
the deep irony of slashing pensions for 401k claiming that americans could invest better for their own retirement. They are not cheering crashing 401ks and rushing to cut social security like they also have a concept of a plan for retirement.
401ks are invested. People losing their retirement funds. I personally don’t have any because I had to use mine up last time I was between jobs for a year, but many innocent people who aren’t rich and voted against Trump are being hurt as well.
Millions of people have 401k plans through their employers and have had them for years and are counting on them to live when they retire.
Someones forgetting about 401ks
I have parents who are near retirement who voted for trump. Only my dad works and has to support my mom. This upcoming weekend, I’m gonna ask him how his portfolio is looking. If his vote is paying off.
There’s more people who don’t have investments than there are that do. That includes 401k. Welcome to the poor people’s club.
Even if this were true, are you pretty much saying everyone that had a 401k can f off? Like, what exactly is your point? It’s okay for everyone to suffer?
Where did I say any of that?
Source that’s not so heavily “invested” in the answer perhaps? I can’t read this ad-ridden garage.
Is it enough to stay that most Americans stocks are the smallest of their saving vehicles? Most people have the bulk of value in their home not their 401k.
Even the union worker who doesn’t have a Schwab account has their pension invested in the market.
Correct. Which makes sense when you consider home prices have gone up alot in the last 20 years, and an unaware investors portfolio is probably being slowly bled off by covering the mortgage of that house every time we go into a recession which is basically on a 2 year cycle now.
So yes you are right, and you are so smart and a very good boi. But you are missing the bigger picture of American wealth distribution. Missing out on how jobs are tied to the market, income is needed for investment and selling investments when you lose your job and they are down 50% just shoots most of the country into poverty.
Surprise its the great depression!
I’m not good and not a boi/boy/guy/whatever, but thanks I guess.
I was more interested in getting to the fact that everyday American don’t rely on the stock market directly. If you are hurting directly in this downturn, you needed to have less volatile investments to begin with. Americans do have some small direct market investments but they are dwarfed compared to their other stores of value and to the quantity of money in the market from non-consumer level individuals.
When you say ‘don’t rely on the stock market directly’ you’re aware of the second and third order effects from a market crash right?
The president just crashed the market harder than Covid for no reason, and you’re telling me i need less volatile investments? What investment would that be out of curiosity?
50% of the country has a 401k and like 40% has an IRA… They are not worth much, that is the point the poor people can’t afford to get more poor, the rich people can. they’ve realized theres nothing else their money can buy so their happy to destroy the world out of boredom. And you cheer them on.
My info was outdated, but where an I cheering it on? Is there some invisible message my reply had that I’m not seeing?
Is this the red wave?
Certainly there’s bleeding
Can someone explain the tangible effects of this?
You’re all going to be poorer.
This doesn’t explain anything. To do that you would have to say why.
You say that as if it won’t likely affect you as well. Even if you’re not American, the next decade will be worse financialy than the last. There are probably some exceptions, but not many.
I’d be fine with that if it was for some grand project, like reversing climate change or wiping out global poverty, but it’s not.
Companies are going to lay off loads of people and close any department that costs too much just to increase the stock price again. For investors stock price is everything and they don’t care much about consequences.
USA stock market crashing means the dollar is getting less worth compared to other currencies, so anything imported gets more expensive in the USA, what is most items. Things getting more expensive means less people buying stuff, less economic activity so more layoffs.
All those layoffs means people can’t pay back there debt. Trump doesn’t care about people in debt and somehow makes it worse. Banks get in trouble. Trump cares about banks and big businesses so they get bailed out. Taxes on everybody else increases to pay for bailouts.
To distract from all this, Trump starts challenging China and it leads to war. Marshall law is called and Trump starts funneling more money to the military making things even worse.
Marshall law is called
And he’s already stated that running for a 3rd term isn’t off the table.
Wait for the orange to be almost out the door and buy stock
This doesn’t explain anything
To be selfish at this time, if I had 40k sitting in cash, do I have a chance to make good on this? Or are things too unstable to invest as just a dumb guy with some cash?
At least there’s no genocide in Palestine, right?
Right?
I hate you and I wish you fucking die
What
Seethe, troll.
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.
You’re a genocide apologist piece of shit and if there was any justice your leaders would be in jail. Trump could open the doors of hell and it would still be no excuse for having voted for evil.
Trump could open the doors of hell and it would still be no excuse for having voted for evil.
Do you view “evil” as a binary value or a numerical value that can be counted?
So… “to be fair” what you’re claiming, is that there’s little genocide left for Trump to commit
Thats a good demonstration of strawmanning. Putting up a contrived BS argument then knocking it down. Come on, can’t you do better than that?
Thats just lazy.I’m not the one that said it. The onus is on you to state your point in a way that makes sense. And what you said, is that:
“most of the genocide already happened before election day under Biden.”
If you want to make a straw man by accusing me of making a straw man, be my guest. But that won’t change the original argument, nor will it change the fact that it seems others agree with me on this.
I literally quoted you, and you did not quote me. So now you’re just lying. Time for a username block.
Literal quote….
“most of the genocide already happened before election day under Biden.”
- you literally said this. But if it helps to use a more direct and unequivocal approach:
If you are confused by what you’re seeing, that is a screenshot of your actual words.
And- blocked or not, I think this needed to be said so that anyone unfortunate enough to have to interact with you, might come across this conversion in an attempt to make sense of… you,
…and it helps illustrate to them exactly what they’re dealing with.
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).
The genocide Joe crowd think the Israel/Palestine war started October 2023. They aren’t very smart.
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.
Holding them accountable is also the only way we get real change
Helping to elect the opponent who even more enthusiastically supports genocide does less than nothing to hold anyone accountable.
Yeah, god they’re so full of shit.
You deserve a bullet in your fkn head asap
Come do it fucko. I think you will find it difficult.
You’re a little subhuman who care more about your stock market than people dying. There is no love in your heart and you’re the living proof americans are inhetently suppremacist and thus deserve the collective punishment that’s coming for them
Of course it’s funny to you scumbag, you don’t think of foreigners as human at all.
All that matter to you is the stock market lmao
Eyyyyy, it’s that Trump supporting fascist, how ya been?
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.
Gasp! However, zero sympathy for the MAGA voters losing their asses in the stock market.
Unfortunately I sincerely doubt a lot of them have retirement savings of any significance. There’s a reason Red States are a bigger draw on federal money than Blue States. But if there’s any consolation, once the food prices start hitting again they’ll take notice.
My MAGA friends on Facebook are yelling about “buying opportunities”.
Where is that buying money coming from? I got none myself.
Just as well as this sure as hell isn’t a buying opportunity, some indexes are only at 6 month lows. We’ve barely begun loses wise - 12% off all time highs on the S&P if I recall right, 50% is realistic in my mind
Amazing how every time the Republicans get majority control of things the markets go to shit. The faster they work to dismantle what democratic control of something exists the faster it falls apart.
Removed by mod
Nah dude, there’s more to it.
Step 1: already have a fortune put away in the US stock market.
Step 2: promise a business friendly environment after the election
Step 3: get elected
Step 4: sell off your stocks while confidence is high and market is on the up
Step 5a: put all your money on shorting index funds with the highest possible leverage
Step 5b: impose tarrifs
Step 6: use aggressive foreign policy to prevent foreign buyers from acquiring a share of the now discounted US economy.
Step 7a: settle short positions get infinite money (Trump will have leverage that us plebs cannot comprehend)
Step 7b: stabilise economy
Step 8: use infinite money to buy significant chunks of the US economy
Once all steps are complete trump is king in all but name even after he leaves office.
As much as if hate to admit it, the orange clown has pulled a massive big brain play. It’s terrifying what he could be planning next.
Just wait until the markets open on Konrad…
I wonder if they’ll pause the markets.
It’s a rule hard baked into the NYSE that trading is paused for at least 15 minutes if it drops 7% in a single day. It is paused again for at least 15 minutes if it drops 13%, and then trading is ended for the day if it drops 20%.
Has 20% drop ever occurred?
No. The 7% breaker went off 4 separate times in March 2020, though.
Go woke go broke? Seems like when you go conservative you get absolutely ripped.
Come on now a couple billionaires are going to make tons of money
Which billionaire is making money? Look at the stock market and look how much these big companies lost.
Lose 75 out of a 100 billion? Still plenty of money to consolidate failing businesses and buy real estate for cheap.
Can’t afford it? Too big to fail, government loans and bailouts.
This has happened before and the wealthy just get more in the end.
go fasch lose cash
A bunch of wallets just got the bigot spigot
I know your right in saying people vote like Trump was the conservative, but Harris was really the conservative. Trump was the populist autocratic. thinking the GOP is the conservative party is crazy to me. They haven’t been in a long ass time. You want status quo and security for your money and livelyhood? Don’t vote for the populist who has ‘‘ideas’’ about how the country should REALLY be ran.
That’s how you get Pol Pot shutting down food imports because he wanted higher domestic food production, you know BEFORE they could make enough food to feed everyone without the imparts. All the other autocrat or populist that instantly rammed a country into the ground also had a cult that made them entirely delusional.
Amen you right. America is so far right wing, thats why any small help for the common worker or man they all scream socialism or communism.
That’s how you get Pol Pot shutting down food imports because he wanted higher domestic food production, you know BEFORE they could make enough food to feed everyone without the imports.
This really is exactly what trump is doing. He’s slinging tariffs around like that will spur US industries (and as a petty attempt at being a strongman) and farming but giving those industries zero lead time, and on top of that, the tariffs he imposed are going to affect all of the materials and machinery those industries would need to ramp up their production. And on true insulated tyrant fashion he just makes a declaration and then it’s everyone else’s problem to deal with.
Dude’s a fucking idiot.
It was projection once again. It turns out being anti-woke is indeed the path to poverty
You can’t really use past market events as a reference for anything happening now. The global system is completely different and changing very fast. The longer term implications here are that the U.S. Govt has been out of money for a while and there is a ton of upcoming debt to issue. Part of the response to this is to fund the Govt using tariffs, and begin shrinking the deficit by using the economic problems and the total debt to justify it. They are trying to avoid a debt crisis where there is more debt being issued than buyers. The problem is that this time, with other options existing for capital than Treasuries, which given the circumstances, the old idea that people run to Govt debt when the markets crash for safety just might not hold up this time. The end result is that they haven’t solved anything, and in fact made the upcoming debt crisis much worse. What’s more is that the old reserve currency dollar system being replaced will accelerate now as trade is forced to route around the U.S. There are so many second order effects here too, all of this will kick off a justification to privatize everything and have the private sector jump in to save and replace Govt functions. What they have wanted to do all along anyway, and given the current political climate will mirror the oligarchs taking over Govt functions after the collapse of the USSR. This is just more of a controlled demolition.
Sorry for the wall of text. Also, a bretton woods style agreement will be necessary, it’s just that there is no single world power strong enough to enforce one. The futures for Monday look pretty bad too, and there are so many unresolved problems since 2008 that could blow up one after another once all the liquidity is removed and there is no one willing to purchase all the upcoming debt.
The debt issue is greatly over exaggerated. The US as a whole owns over 300 trillion in assets and trillions more in untouched resources. The US isn’t broke and it isn’t poor. It only feels poor because
- our capitalist system is nearly the worst possible system for distributing resources where they actually need to go and
- Capitalists use their resources to corrupt and bend our government to their will which results in car centric urban sprawl that is 5x less resource efficient.
For example, if we built public transit and walkable cities we could make transit completely free and it would cost far less than subsidizing car dependency. But we can’t do that nation wide because it would devalue the car industry, the asphalt industry, rubber industry, and the oil industry. Under capitalism, the profits of the 0.1% always take priority over what benefits the 99%
