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taxi

(2,146 posts)

9. Exactly. The headlines scream about how much money

Reply to IronLionZion (Reply #4)

Fri Apr 4, 2025, 02:13 PM

Apr 4

the large corporations and their owners have lost in this fallout. The story needs to be told that the corporations and their owners have lost nothing. They aren't selling shares at a loss. If anything, they are buying up what investors are selling at a loss. I suppose it's okay if everyone enjoys the schadenfreude they are feeling, thinking that the oligarchs are finally paying a price. We'll see.

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Highlight:

U.S. stocks poised for biggest two-day wipeout in history as market loses $9.6 trillion since Inauguration Day [View all] UpInArms Apr 4 OP

And the cause of all this mayhem? Ziggysmom Apr 4 #1

Nasdaq is in bear market territory as of today, Russell 2000 as of yesterday . . . .nt Bernardo de La Paz Apr 4 #2

The DOW was down at one time today around 1,925 or so. It's bounced back up to 1,700 right now Bengus81 Apr 4 #8

Well, they are all in the red now Farmer-Rick Apr 4 #17

Dow still tanking. I'd wait till Monday and see what happens, Bengus81 Apr 4 #18

bear market - can last for years UpInArms Apr 4 #26

I don't even want to look at my investments and retirement funds because it would really depress me ! kimbutgar Apr 4 #3

Don't. It's not pretty. AllyCat Apr 4 #20

Trump insiders are likely trading based on insider information about his nonsensical policies IronLionZion Apr 4 #4

Yep...people with loads of money can make a fortune in this kind of market Bengus81 Apr 4 #6

Exactly. The headlines scream about how much money taxi Apr 4 #9

And....why would anything change on Monday to make the Markets rise? It won't unless Bengus81 Apr 4 #5

No market goes monotonically downwards to its bottom Bernardo de La Paz Apr 4 #12

Perhaps on Monday a break...but this is a global shit storm Trump has unleashed that Bengus81 Apr 4 #19

He'll do about as much to stop it as he did to stop CoVID.... Trueblue Texan Apr 4 #22

If it weren't for the fact that so many people have 401ks tied to the market... malthaussen Apr 4 #7

True..but as we've told MAGA morons over and over what Trump does to Dems will hurt you too Bengus81 Apr 4 #15

DOW 35k is a black magic number. It starts to dip below that its giving back its post pandemic recovery n/t Cheezoholic Apr 4 #10

DOW just hit -2,000+ on the day. Way to go Trump........ Bengus81 Apr 4 #14

...and just like that... LudwigPastorius Apr 4 #11

Glad I only have about 20% of retirement in equities exboyfil Apr 4 #13

Thanks, republican voters Mysterian Apr 4 #16

The choice of music is perfect. TNNurse Apr 4 #21

Snort. littlemissmartypants Apr 4 #24

And futures after the close are all down more than 5%. Scrivener7 Apr 4 #23

I think that is in 24 hours or compared to Thurs close. I think that is just a percent or so from Friday's close. . .nt Bernardo de La Paz Apr 4 #29

Stock market closes week in bloodbath as Trump's tariffs cause historic two-day drop and wipe out $6 trillion Yo_Mama_Been_Loggin Apr 4 #25

Nasdaq falling into a bear market, on trade war worries. usregimechange Apr 4 #27

Only the best republican people. republianmushroom Apr 4 #28

I took my 401K from a targeted stocks retirement fund Karma13612 Apr 4 #30

Each of the 340 million Americans lost $28,824 Jarqui Apr 4 #31

Quite an achievement! Jack Valentino Apr 5 #32