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.
I’m 41 years old, I’ll be 42 in a few weeks, I’m getting really tired of living through these “once in a lifetime events” every 24-48hrs.
Lets hope this leads to Republicans loosing for 60 years like last time :3
Can someone explain the tangible effects of this?
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.
Wait for the orange to be almost out the door and buy stock
This doesn’t explain anything
You’re all going to be poorer.
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!
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
There’s more people who don’t have investments than there are that do. That includes 401k. Welcome to the poor people’s club.
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.
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.
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.
Someones forgetting about 401ks
We’re sick of this winning!
so the chainsaw worked!
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
Trump is golfing while a man he admits is innocent is in an El Salvador prison
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.
but they’re still shoes, and if you bought them for anything more than being shoes, doesn’t that seem divorced from reality?
Their point isn’t about shoes. It’s about how a thing can change in value.
i understand that, but do you understand what i’m saying?
Do you have a 401k?
No actually. My job doesn’t offer one. Many people either are in the same position where their job doesn’t offer retirement benefits or they’re not paying into it because they need every last cent they can spare.
lol no
Turns out the thing about people not having 500 USD in their accounts was real after all
People are just realizing that they were not cooked, just merely marinating
Yeah, but I moved 90% of it to stable bonds in Inauguration Day.
Never fear, those will be worthless once he finishes crashing it all.
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.
go fasch lose cash
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.
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.
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.)
The problem is that it is legal (in a gray legal sort of way), and the people in power only lose if they fix it. So we can only talk about it.
Perhaps it’s high time to go beyond talking about it.
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.
What were the first few months like in 08? I was only 13 and already in poverty so I honestly never noticed
In my experience I was in the middle of a transition at work. A company was buying the contract of all the other contract companies and the way they did it was shady as hell. We had to sign new contract agreements and had I not signed the agreement I most likely wouldn’t have been able to file unemployment and finding a job would have been impossible.
I stayed in that job way too long because of fear and the devil you know vs the devil you don’t. I worked at that job and company for almost 10 more years because I liked my immediate boss but despised the bullshit the company was doing. It was not good for my mental health.
Had 2008 not happened, there was no way I was signing that new contract. Many people didn’t and struggled for a bit finding new jobs. My mental health most likely would have been better. But hindsight is 20/20
Roughly
3.05% per month in 2008
7.75% per month today but the time period is much smaller
Ahhh so this is even worse than I thought because we haven’t even seen the effects of the tariffs yet and probably won’t for a while.
Too. Much. Winning.
We will see how bad it will actually become and if it can match 2008 levels.
Let’s see if he can make that number $111 Trillion lost by the end of May 2025.
